Or perhaps a text message from an unidentified “customer support specialist” asking for the company credit card number. A Slack notification from an “internal administrator” requesting confidential VPN credentials. Maybe even a Zoom meeting invite sent by a digital...
Bookkeeping
Payback Period Formula with Calculator
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. If you have any questions or need help getting started, SoFi has a team of professional financial advisors available to help you reach what are accrued expenses...
Net Present Value NPV Definition, Calculation, Pros, & Cons
NPV is widely used in capital budgeting to evaluate the profitability of potential investments in long-term assets, such as machinery, equipment, and real estate. Subtract the result from the cost of the initial investment to get the NPV. If the result is less than...
11 Best Ecommerce Platforms for Your Business in 2024
With a limited ecommerce platform, POS integrations may be cumbersome. You risk having inaccurate inventory data due to disjointed online and in-person systems. The right ecommerce platform will also offer features to help you manage your business and finances. If you...
Depreciation Expense Formula + Calculation Tutorial
Companies have several options for depreciating the value of assets over time, in accordance with GAAP. Most companies use a single depreciation methodology for all of their assets. Thus, the methods used in calculating depreciation are typically industry-specific....