Bookkeeping Archives - Dong Xanh Group

Present Value Formula Definition

ContentCalculating the Present Value of a Single Amount (PV)Example: Invest $2,000 now, receive 3 yearly payments of $100 each, plus $2,500 in the 3rd year. Use 10% Interest Rate.Present Value of a Future SumPresent Value Formula for Combined Future Value Sum and Cash Flow (Annuity):Calculating Present Value Using the Tables Lastly, for a firm considering investing in multiple projects, the NPV has the benefit of being additive. That is, the NPVs of different projects may be aggregated to calculate the [...]

How to Enter Credit Card Charges in QuickBooks Online

Contents:Connect To Live Bank FeedsSet up Autopay for recurring invoices in QuickBooks OnlinePlease select topics of interest Although the individual amounts of these business expenses may be small, they can add up fast. And as your business grows, so does the number and amount of recurring costs it needs to cover. In addition, the subscription economy continues to grow, and your business can expect to track and manage an increasing number of service subscriptions in the future. According to Gartner, [...]

How to account for a long-term inventory? Is it under current or non-current assets

ContentUse Inventory Management TechnologyLearn More About Similar Accounting Topics:Join 41,000+ Fellow Sales ProfessionalsSmall Business Ideas for Anyone Who Wants to Run Their Own BusinessWhat Are Tangible Assets in Business? Generally, inventory is considered a current asset because it has a high likelihood of being converted into cash within one year. As indicated earlier, current assets determine a business’s ability to fund its daily operations and pay short-term liabilities. Current ratio, also known as “working capital,” is calculated by dividing [...]