Category Archives: Bookkeeping

Additionally, freelancers often have flexible schedules which allow them to balance work with their personal life.However, being a freelancer also comes with its drawbacks. One of the biggest challenges is inconsistent income streams as payment for work can be delayed or unpredictable at times. Despite these challenges though many people still find freelancing an attractive […]

Where profits may indicate that a company has positive net income, retained earnings may show that a company has a net loss depending on the amount of dividends it paid out to shareholders. Cash payment of dividends leads to cash outflow and is recorded in the books and accounts as net reductions. As the company […]

The money due to the taxpayer is paid to the insurance company in advance of the actual due date for the credit. Be aware that most credit card companies won’t allow you to take your entire credit line in the form of a cash advance. For most people, cash advances are capped at a few […]

It is accessible through a demo account before using the paid product after a trial period. The best hotel accounting software should have features that allow you to track revenue, track expenses, and manage staffing. The software should be flexible enough to handle multiple properties, room inventory, staffing, and payroll. It should also be compatible […]

We call the shares of the largest blue-chip companies large capitalization stocks. More specifically, the stocks of companies with a market capitalization of at least $5 billion. A blue chip company is famous for the quality and wide acceptance of its products. Summing up everything mentioned above, blue-chip stocks can be fairly considered safe and […]