by Online Tutorial & Training Guide | Sep 12, 2025 | Financial Analysis, Terminologies
The difference between current assets and current liabilities. Positive working capital means the company can cover short-term obligations. It reflects day-to-day operational efficiency.
by Online Tutorial & Training Guide | Sep 11, 2025 | Accounting Proram, Terminologies
Tracks vendor bills and payments. Allows scheduling, approvals, and recurring entries for regular suppliers. Essential for managing obligations and maintaining supplier relationships.
by Online Tutorial & Training Guide | Sep 11, 2025 | Chart of Accounts, Equity, Terminologies
Tracks additional funds or assets contributed by the owner during the business’s operation (beyond initial capital). It highlights the reinvestment made by the owner to support growth. This account feeds into Owner’s Capital.
by Online Tutorial & Training Guide | Sep 11, 2025 | Accounting, QuickBooks Tutorial
Recurring transactions keep your books on time without repetitive data entry. With a few templates, QuickBooks Online (QBO) can automatically create your repeating invoices, bills, sales receipts, and journal entries—on the exact schedule you choose. This guide walks...
by Online Tutorial & Training Guide | Sep 9, 2025 | Chart of Accounts, Expenses, Terminologies
Covers software subscriptions, licenses, and IT support services. Increasingly significant due to digital transformation. Treated as recurring operating costs.