If you need help understanding your balance sheet or need help putting together a balance sheet, consider hiring a bookkeeper. Owners’ equity, also known as shareholders’ equity, typically refers to anything that belongs to the owners of a business after any liabilities are accounted for. External auditors, on the other hand, might use a balance […]
Content Who regulates accounting standards? GAAP & ASC 606 Related party disclosures: IFRS® Standards vs US GAAP SaaS pricing tips and tricks SaaS Accounting 101: Financial Fundamentals What makes SaaS accounting different? SAAS Revenue Recognition Define the transaction price In Accrual accounting, on the other hand, revenues and expenses are recorded when they are earned, […]
Content GAAP-Compliant Financial Management What Makes Accounting for SAAS Businesses Different? Optimizing your SaaS accounts receivable process Making SaaS Accounting Easy Identify customer contract A SaaS company’s Gross Margin is a financial metric that measures the profitability of a company’s products or services. It is calculated by subtracting the cost of goods sold (COGS) from […]
Content Why Is Accounting Important for Investors? Accounting Basics for Business Owners Accounting: Principles of Financial Accounting What Types of Careers Are in the Accounting Field? Professional bodies Examples of Financial Accounting Liabilities deal with what the company owes, such as accounts payable, loans payable, mortgages and payroll. We’ve added 500+ learning opportunities to create […]