Gross Profit Ratio | Accounting Knowledge
The terms Gross Profit and Net Profit, as one component of the Income Statement, often confuse many people, especially business people. Quite often, people...
Why Australian Businesses Prefer Outsourcing Payroll Services?
With each passing year, the area of payroll outsourcing is becoming more and more demanding in Australia. Both its influence and scope...
What Is A Ledger In Accounting
What is a Ledger in Accounting?
As an accountant, you should be familiar with accounting books. Now the understanding of the general ledger is comprehensive...
6 Personality Traits of an Accountant in Slough You Shouldn’t Miss
As a business owner, when you interact with various clients, they will expect your accountants to have commendable organisation skills. They will...
Definition Of Trade Discount
What is a Trade Discount?
Large traders or wholesalers are traders who sell goods to other traders. Licensed wholesalers issued catalog. Instead of updating the...
What Is a Financial Record and How Can I Use It for Investing
Current liabilities are debts that must be paid immediately within one year.
Current liabilities in the balance sheet usually consist of:
Short-term loans from...
Career In Accounting | Chartered Accountant Jobs | Receptix
The field of accounting has always been in demand because it is the backbone of every business. Accounting is present in every industry and...
What is Depreciation?
Understanding Depreciation is an allocation made systematically to shrink or reduce the amount of an asset over its useful life. These fixed assets are...
Assets and Their Place in Business | Accounting Knowledge
Assets for a fundamental part in the estimation of a business, savvy account administrators convert their cash to resources, particularly relentless ones. Resources are...
About Revenue & Profit
What is revenue and example?
In business, revenue is the amount of money received by a company from its activities, mostly from the sale of...