Method of Filing Your Annual Franchise Tax can only be paid online and cannot be filed by mail. Yes, regardless of your Delaware company activity or not conducting business, you
Amortization vs Depreciation: What’s the Difference?
Negative amortization is when the size of a debt increases with each payment, even if you pay on time. This happens because the interest on the loan is greater than
What Are Accruals?
Simply put, accruals are the recognition of revenue and expenses when they occur, regardless of when payment is actually received or made. This means that transactions are recorded in the
Common Stock Definition, Examples, Classifications of Shares
On a more granular level, the fundamentals of financial accounting can shed light on the performance of individual departments, teams, and projects. Whether you’re looking to understand your company’s balance
Gross Profit vs Operating Profit vs. Net Income: What’s the Difference?
Earning per share is a company’s net income or profit divided by the number of common shares. As an individual, gross income typically refers to your annual salary or how
How do you compute a selling price if you know the cost and the required gross margin?
This article will explore some of the most important factors to consider when making this decision. We’ll also provide some helpful tips on how to set a competitive price that
Plan Accounting: Defined Benefit Pension Plans Topic 960, Defined Contribution Pension Plans Topic 962, Health and Welfare Benefit Plans Topic 965: Part I Fully Benefit-Responsive Investment Contracts, Part II Plan Investment Disclosures, Part III Measurement Date Practical Expedient
In a qualified joint and survivor annuity, an employee receives fixed monthly payments until they die, at which point the surviving spouse continues to receive benefits equal to at least
Step-by-step process to automate your accounts receivable process Guide
By eliminating the need for duplicate data entry and manual reconciliation between billing and accounting, you streamline your AR process. Our centralized customer payment portal benefits both you and your
Is Depreciation Expenses a Direct or Indirect Cost? Explanation
In other words, the depreciated amount expensed in each year is a tax deduction for the company until the useful life of the asset has expired. The most common depreciation method is