With the Pro Plan you can also set up recurring payments, auto-reminders, and deposit requests to make sure you always get paid on time. All your invoicing and payment information automatically syncs with our free accounting software included with your account. Create beautiful invoices, accept online payments, and make accounting easy—all in one place. We...Read More
The percentage of sales method definition refers to businesses’ forecasting tools to predict multiple liabilities, expenses, and assets based on their sales data. This forecasting model enables organizations to prepare accurate budgets and take informed financial decisions. It connects a company’s sales data to income accounts and balance sheets. Although the method cannot provide accurate...Read More
A corporation generally has one year from the date of filing to amend a Delaware Franchise Tax return and claim a refund. A refund might be available if the Assumed Par Value Capital Method was not considered. Taxpayers owing $5,000.00 or more must pay estimated taxes in quarterly installments with 40% due June 1, 20%...Read More
FIFO (First In, First Out) and LIFO (Last In, First Out) are two accounting methods for the value of inventory held by the company. FIFO and LIFO are the two most common cost flow assumptions made in costing inventories. The amounts assigned to the same inventory items on hand may be different under each cost...Read More
