Overall, users frequently recommend Yardi Breeze for efficiently managing properties and finances. Whatever your reasons for researching property management software, we’re here to help with a guide that includes everything you need to make a smart decision a little more quickly. Choosing the right property management software to organize, optimize and grow your business is…

All pros and cons listed below assume the company is operating in an inflationary period of rising prices. FIFO can be a better indicator of the value for ending inventory because the older items have been used up while the most recently acquired items reflect current market prices. Since LIFO uses the most recently acquired…

Outstanding Shares Definition and How to Locate the Number This is a great example of how share-count reductions can be an important tool for management teams to deliver value to shareholders. There are also considerations to a company’s outstanding shares if they’re blue chips. At the time, GE discussed plans to split into three companies…

What Is the Difference Between Operating Revenue and Non-Operating Revenue? As the legal services are performed (earned), the law firm will reduce the liability account and will report the amount as revenues. Accumulated DepreciationAccumulated Depreciation is known as a contra asset account because it has a credit balance instead of a debit balance that is…

Content Find Sources of Food Waste Business Insurance Deduction Focusing on Staff Retention: Valuing your staff Ways to Show Proof of Income if Paid in Cash Everything you need to run your restaurant, all on one platform. Dues and Publications Deduction

Content The 5 states with the highest property tax rates Individual income tax Capital Gain Tax Rates by State Tax Advantages for Small Business Property Taxes West Virginia taxes capital gains as income and both are taxed at the same rates. New Jersey taxes capital gains as income and both are taxed at the same…

Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. The cost of the new truck is $101,000 ($95,000 cash + $6,000 trade‐in allowance). If the entire cost of an asset has been depreciated before…

The term contribution refers to the profit that is achieved after covering variable expenses only. EBITDA is sometimes used as a proxy for operating cash flow because it excludes non-cash expenses, such as depreciation. This is because it does not adjust for any increase in working capital or account for capital expenditure that is needed…

Dedicated construction accounting solutions bring in extra features like bid generation and field service management. Touted as America’s #1 construction accounting software, Foundation is another popular option for contractors and small or medium-sized construction businesses. They offer detailed job tracking for time, money, and materials, reporting on demand, payroll, and more. Foundation strives to serve…

Content Learn How NetSuite Can Streamline Your Business NetSuite ERP is a cloud-based order management application that automates order-to-cash procedures How NetSuite Stacks Up Best for MidMarket Software. Best financial management solution software What is NetSuite ERP & How Does It Work? For companies managing global operations, NetSuite OneWorld is a global business management application…