What is an Index Fund An index fund is a type of mutual fund with a portfolio structured to match or track the components of a market index. When you invest in an index fund, you gain access to a wide variety of assets that operate in the same market. Rather than just investing in … Read moreWhat is an Index Fund and how does it work?
With the development of the domestic Internet, the computerization of accounting is also constantly upgraded, and more and more excellent financial software has emerged. If you simply record vouchers and output statements, in fact, much financial software can meet this demand, and even some excel can meet this demand. But compared to excellent financial software, … Read moreWhat is the accounting computerized software?
Conducting cash and banking transactions, calculating salaries and sick leaves, sending reports to the tax authorities – all this and much more can be done by new accounting programs. Top 5 best free accounting software If you want to record proper accounting in your business, then you have to hire a virtual assistant or accountant. … Read more5 best accounting software
What is an invoice? A non-negotiable commercial documents issued by a seller to a buyer. It identifies both the trading parties and enlisted, describes, and it’s Measure the sold items, shows the exact date of shipment or transport in details, prices, and discounts (if any), and delivery and payment terms. When it’s signed by the … Read moreWhat is an invoice?- Defination and explaination
Is a big Question what’s accounting profit vs economic profit. Many peoples think it same. But, both are same or not it’s a big question. For example, as a businessman you state a restaurant business. So do you have any idea in your daily needs and daily profit?How to calculate your profit (income – expanse) … Read moreWhat’s the difference between accounting profit vs economic profit?
Goodwill is a reputation on a business. When a business purchased another business. She does not take only business she taking also her reputation. It’s called an intangible asset. Every asset is visible but this asset is nonvisible, brand name popularity generator and it shows up asset side of a company’s balance sheet. Reputation can’t … Read moreWhat is goodwill in accounting? | Definition, Example and Explanations
What is interest income? For small business owners Overview Interest income is a part of investment income. Interest revenue is generated when you lend your money to someone and make interest earnings on the money you lent generally speaking you will have interest earnings if you invest in bonds or other debt instruments. Interest revenue … Read moreInterest Income | Definition, Example and Calculation
For knowing properly about the revenue formula firstly, you have to know the revenue. Revenue means the total amount of money for a company. The formula is quantity x price=revenue. This money is actually coming from the specific period. The discounts of any returned products are included in revenue. Costs will be reduced from the total income for fixing the … Read moreHow Do You Calculate Revenue Formula? | For Companies
Do you need your business smoothly and profitable? Objectives of accounting are most important and expanded topic of accounting. The objectives of management accounting are mainly referred to make your business smoother and profitable. It helps to make a future plan for beginners or small business owner. Management account is the collection of accounting report. … Read moreObjectives Of Management Accounting | For Business Activity
Do you know the cost of classification uses of organizations? Cost Classification refers to a complete and transparent idea of separation of expenses in the different sector as like manufacturing cost, product cost, sunk cost, variable cost, direct cost, and indirect cost etc. Classifications of cost are a vital part of a company. It is … Read moreCost of Classification | Definition and Explanations