Category: Accounting

The accounts receivable turnover ratio measures the number of times a company collects its receivables over a period (average). In this guide, you’ll learn: What is the accounts receivable turnover ratio?What are the accounts receivable turnover ratio formula?How to calculate your accounts...

Accounts receivable are amounts customers owe a company for goods sold and services provided on account (credit). In this guide, you’ll learn: Imagine operating a dressmaking business, and you need material for an upcoming wedding. You ask your supplier to...

A bad debt expense is an overdue invoice (receivable) you know won’t get paid. So now it’s time to write off the bad debt so you can have an accurate picture of your business finances. In this guide, you’ll learn:...

You’re reading this because you have decided to learn how to set up a company in QuickBooks Online (QBO). In addition, you want to keep your business financials in order, and QuickBooks seems like the perfect fit. Or, you could be an...