The least expensive accounting applications I test are Xero ($15–$78 per month) and Patriot Software Accounting ($20–$30 per month). While some software vendors provide only minimal […]
One potential option for busy restaurateurs is to outsource their accounting function. Our dedicated team of experts provides comprehensive outsourced accounting for restaurants with robust financial […]
With the Fed still forecasting another rate hike of 0.25 percentage points this year, that would have meant at least a full 1-percentage-point reduction next year. […]
In this ratio, the denominator includes all debt, not just current liabilities. This ratio is a snapshot of your company’s overall financial well-being. Conveniently, you get […]
Keep an extended record of each reporting period by creating a column for each month or quarter. Here’s what a simple profit and loss statement would […]
There, you achieve optimal inventory levels and only carry units guaranteed to sell. Meanwhile, holding too much inventory requires a hefty up-front capital investment. And the […]