When it’s time to file, all you need to do at tax time is understanding real vs. nominal interest rates print your financial statements, or invite your tax preparer to access your account directly. There, they can review your numbers and print whatever information they need to submit your return. As QuickBooks tracks income, it […]

And if you want to file your own taxes, you can still feel confident you’ll do them right with TurboTax as we guide you step by step. No matter which way you file, we guarantee 100% accuracy and your maximum refund. You should expect to hear back from the accounts receivable management best practices IRS […]

This method calculates depreciation by looking at the number of units generated in a given year. This method is useful for businesses that have significant year-to-year fluctuations in production. This number will show you how much money the asset is ultimately worth while calculating its depreciation. You can use this method to anticipate the cost […]

The straight line depreciation method takes the purchase or acquisition price, subtracts the salvage value and then divides it by the total estimated life in years. The accelerated Depreciation method allows the deduction of higher expenses in the first years after purchase and lower expenses as the asset ages. Straight-Line Depreciation, on the other hand, […]

Negative cash flow typically shows that more cash is leaving the company than coming in, which can be a reason for concern as the company may not be able to meet its financial obligations in the future. However, this could also mean that a company is investing or expanding which requires it to spend some […]

The statement also informs about cash outflows, expenses paid for business activities and investment at a given point in time. The information that you get from the cash flow statement is beneficial for the management to take informed decisions for regulating business operations. The statement of cash flows is a relatively important statement in the […]

These practices ensure that your code is clean, maintainable, and scalable, making it easier to work with in the long run. These guidelines provide a set of conventions and recommendations for writing Odoo code, such as using proper naming conventions, organizing code into logical modules, and documenting your code. Parth Gajjaris an Odoo expert with […]

We also provide a PDF file that has color images of the screenshots/diagrams used in this book. This is the code repository for Odoo 14 Development Cookbook – Fourth Edition, published by Packt. This is the code repository for Odoo Development Cookbook, published by Packt. Mastering Python: This allows developers to separate the data, presentation, […]

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and behavioral finance. Adam received his master’s in economics from The New School for Social Research and his Ph.D. from the University of Wisconsin-Madison in […]

On the other hand, company XYZ, a competitor of ABC in the same sector, had a total revenue of $8 billion at the end of the same fiscal year. Its total assets were $1 billion at the beginning of the year and $2 billion at the end. Irrespective of whether the total or fixed variation […]