Debt Ratio
What is Debt Ratio? For investors, a debt ratio or debt to equity ratio indicates the overall financial strategy of a business. It measures company’s total liabilities as a percentage of its total assets.
Balance Sheet
What is a balance sheet? A simple balance sheet is like a snapshot of the company’s overall financial health. It shows the assets, liabilities and equity of the company. This brings us to simple equation:
Accounting System
What is an Accounting System? An accounting system is a system that is employed in a company to organize financial information. It can be either manual or computerized. The main reason why you should be using an accounting system is to keep track of expenses, income, and other activities.
Accounting Year
What is an Accounting Year? An accounting year is annual financial reporting period in which company organizes its financial data. It is useful when you are running a business. Potential shareholders analyze the company’s performance through its financial statements.
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