How Does Payroll Work When You get Paid Twice a Month?
As an employee, the frequency of payroll directly impacts your budget and living conditions. Every company has a unique payroll structure. As a result, it’s essential to know your organization’s payroll cycle and how it works. Most employers choose to pay their...
Is Getting Paid Twice a Month the Same as Every Two Weeks?
When deciding your business structure and setting up your payroll, one of the things you’ll have to make up your mind about is your payroll schedule. While some states decide on behalf of her citizens, others give business owners the free will to choose. There...
Cost of goods sold for landscaping business
What Is a Landscaping Business? The landscaping business provides lawn services to clients to keep their yards groomed. The services of landscaping also include planting of flowers, trees and shrubs. Landscapers are the workers who do landscaping services. They know...
Cost of goods sold for barbershop
Barbershop Business Model A barbershop business model is a framework for how a barbershop generates revenue. It includes the different sources of business that is services and retail sales, a barbershop has, value the barbershop delivers like the colouring of hair,...
How are unearned revenues present in the balance sheet?
What is Unearned Revenue? Unearned revenue is amount of money that is received by the business for goods and services that is yet to be delivered or rendered. Unearned revenue can also be interpreted as revenue received in advance from customers but the performance of...
What is other payable?
What Are Other payables? Other payables generally come with headings “trade payables and others” in the financial statement of large listed public companies. Other payables are a type of categorization of liabilities. These are residual trade or non-trade payables...
What are other receivables?
Meaning of Other receivables Other receivables generally come with headings “Trade receivables and others” in the financial statement of large listed public companies. Other receivables are disclosed under the headings “Current Assets”. These are residual trade or...
What are other current liabilities?
Other current liabilities are type of categorization of liabilities. These are residual current liabilities that have not been specified by the company or regulations or do not meet the criteria of being classified separately. They are referred to as they are uncommon...
What are other current assets?
Other current assets are type of categorization of assets. These are residual current assets that have not been specified by the company or regulations or do not meet the criteria of being classified separately. They are referred to as they are uncommon and...
