What Has an Impact on the Balance Sheet?
Balance sheets are part of the standard financial reporting packages for businesses. Month-end and year-end reporting includes a balance sheet statement, as does any application for financing or...
View ArticleProblems With Cash Deposits for Businesses
Many businesses allow clients to pay for goods and services with cash as well as accepting checks and other forms of payment. While check deposits are subject to holds, a bank cannot delay the...
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How to Recover a Large Business Cash Debt
Recovering a large business cash debt can be daunting for any business. Small companies in particular can find the process of bad business debt collection very challenging. However, the larger the...
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How to Keep Track of Gross Income
In business, your gross income is your sales or revenue. It is the top number on your income statement and the one from which you subtract your fixed and variable costs to derive your net income. High...
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The Best Online Sites to Sell Stuff
In the age of the Internet, we've long been able to buy and sell just about anything online through the auction process or by direct sale. While eBay has long been the template for selling our stuff...
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Guidelines for Cashing Business Checks
Many small businesses--especially retailers--empower consumers by accepting several different forms of payment for products or services. Some retailers allow customers to cash a business check,...
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Definition of a Business Cash Advance
If you have no other alternatives to provide a line of credit to your business, a business cash advance might be up your alley. Business cash advances are like the payday loans of the entrepreneurial...
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What Is an ESOP Plan?
An employee stock ownership plan (ESOP) is a retirement plan that allows employees to own a share of the business they work for. The company contributes cash or shares of stock to a trust fund that...
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Venture Advisor Duties
There are two kinds of venture advisors: consultants who provide hands-on retainer or project-based paid services to assist entrepreneurs in planning, launching and funding their ventures; and advisory...
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Ways to Increase Business Flow
One of the most important parts of owning a business is cash flow. If you have cash on hand, you can pay your bills on time and devote cash to projects instead of using credit, for which you are...
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Opening a Check-Cashing Business
A check-cashing company provides significant financial services to low-income or under-banked customers. These stores convert a check -- usually a payroll or government check -- into cash for a small...
View ArticleWhat Does It Mean When a Company Gets a Percent Margin on a Project?
Ultimately, businesses exist to make a profit for their owners. Sooner or later, a company must take in more money than it spends, or there is no point in keeping the company running. Managers are...
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How to Calculate Cash on Hand for Business
Cash on hand is business terminology for the assets a business has in the form of tangible money. Cash on hand does not include monies available through a business' credit lines, property value or...
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The Disadvantages of a Cash and Carry Business
The cash and carry business model is making a return. The "Daily Beast" noted this fact in an August 2008 article when the U.S. had begun its slide into its worst recession since the Great Depression...
View ArticleCan I Hire Family at a Small Business & Pay Cash?
Small business owners in the United States can pay family members wages in any form of legal tender, including direct deposit, check and cash denominated in U.S. dollars and coinage. If they pay family...
View ArticleIs Unearned Revenue Included in Operating Activities?
Determining the value of operating activities for a business’s cash flow statement is an important part of preparing the disclosures a business needs to make to its investors. Many might think that...
View ArticleWhat Is Other Restricted Cash?
In financial accounting, cash refers to the money that a business holds in liquid form, available for spending or investing at any time. Both large and small business rely on cash every day, but not...
View ArticleHow to Record in QuickBooks When an Owner Withdraws Cash From the Business...
QuickBooks accounting software allows a business owner to keep detailed financial records for a company's income and expenditures. When a portion of the expenditures require cash transactions, the cash...
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How to Do a Cash Receipt Business Log
A cash receipt business log is a source document used during cash transactions when receipts or a cash register may not be available. For example, if a charity sends volunteers out into the community...
View ArticleWhat Is the Accruals Concept?
The accrual concept in accounting means that expenses and revenues are recorded in the period they occur, whether or not cash is involved. The benefit of the accrual approach is that financial...
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