da Sicplant | Gen 28, 2022 | Bookkeeping
Retained earnings are the cumulative net earnings or profits of a company after accounting for dividend payments. As an important concept in accounting, the word “retained” captures the fact that because those earnings were not https://www.bookstime.com/ paid out to...
da Sicplant | Nov 24, 2021 | Bookkeeping
We’ll explore the definition of bank reconciliation, why it’s important, and a step-by-step process for performing bank reconciliations. We’ll also look at common sources of discrepancies between financial statements and bank statements to help you identify fraud...
da Sicplant | Lug 1, 2021 | Bookkeeping
Operating expenses (OpEx) are costs incurred in day-to-day operations, while CapEx represents long-term asset investments. Capital expenditures are larger, often one-time purchases of fixed assets that are intended to be used for a long time. If a company buys a new...
da Sicplant | Lug 1, 2021 | Bookkeeping
Operating expenses (OpEx) are costs incurred in day-to-day operations, while CapEx represents long-term asset investments. Capital expenditures are larger, often one-time purchases of fixed assets that are intended to be used for a long time. If a company buys a new...
da Sicplant | Mar 5, 2021 | Bookkeeping
Your company’s accountants and bookkeepers are still needed to perform higher-level tasks requiring judgment instead of routine, repetitive tasks that AP automation handles. With the extra time provided by AP automation, they can shift to more strategic work. Stampli...
da Sicplant | Dic 4, 2020 | Bookkeeping
However, understanding how the process works is critical so you can intervene when needed. This article delves into the nuances of these steps and highlights its significance in promoting transparency, accountability, and well-informed decision-making in the business...
