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It helps you see how much of your company assets were financed using debt financing. Acceptable levels of the total debt service ratio range from the mid-30s to the low-40s in percentage terms. It’s great to compare debt ratios across companies; however, capital intensity and…
Regular reconciliation also prevents potential issues with vendors, clients, or even tax authorities, and is an integral part of maintaining proper construction bookkeeping. Depending on your needs, QuickBooks can work as a construction accounting software. It offers an option to create a schedule of values…
Losing your bookkeeping records due to a natural disaster, a computer virus, or hardware failure can be devastating. Additionally, while a non-certified accountant could handle some of your bookkeeping needs, you should focus on certified and licensed accountants to stay on the safe side. If…
Yes, beyond the logical etiquette, each subreddit has its own rules that you should read and abide by when posting or commenting. Some subreddits — like r/pics — may only accept image submissions and no external links, for example. Others will require you to be…
Identify specific objectives that align with your goals, such as improving physical health, strengthening mental well-being, rebuilding relationships, or pursuing new passions. Consider how addiction has affected different areas of your life and determine how you want to enhance them in your recovery. Break down…
Businesses use accelerated methods when having assets that are more productive in their early years such as vehicles or other assets that lose their value quickly. Choosing the right depreciation method is essential for accurate financial reporting and strategic tax planning. The double declining balance…