Category Archives: Bookkeeping

The Real Cost of Long-Term Care in Your State It’s designed to cover all types of long-term care services and facilities. Memory care units focus on helping those with dementia, Alzheimer’s, or other types of cognitive decline. These units are often connected to assisted living facilities or nursing homes; however, some may be standalone facilities. […]

An EMR of 1.0 represents the industry average, meaning a business pays the standard premium. An EMR below 1.0 indicates a better-than-average safety record and claims history, resulting in a premium credit or discount. Conversely, https://www.rpspares.in/2020/11/19/best-accounting-software-for-small-business-of/ an EMR above 1.0 signifies a worse-than-average claims experience, leading to a debit or surcharge that increases the premium. […]

When to Use Choose vs Chose, With Examples But some verbs are called irregular verbs because their different tenses are indicated in other ways, such as by changing a vowel, as is the case for sing / sang / sung. Like any verb, choose must always agree with its subject. Choose is used with the […]

Exploring the Advantages and Disadvantages of Ratio Analysis While there are several options available for the Common-Size Analysis for Balance Sheet, expressing each line item as a percentage of total assets is generally considered the most useful option. Common-size analysis is a financial analysis technique that enables investors and managers to compare companies of different […]

Once an account meets these criteria, it is ready for removal from the active accounts receivable ledger. Criteria indicating an account is uncollectible include customer bankruptcy, confirming inability to pay. Prolonged non-payment, despite diligent collection efforts over 90 to 180 days past due, signals uncollectibility. This can include instances where legal action has been pursued […]

By outsourcing financial analysis, companies can ensure that they are making informed decisions based on accurate data. By outsourcing these functions, businesses can benefit from experienced financial management without the cost of hiring a full-time controller. This allows them to improve financial oversight, reduce operational risks, and ensure financial stability. By working with an outsourcing […]