The concept of present value is primarily based on the time value of money, which states that a dollar today is worth more than a dollar in the future. The present value calculation has a limitation in assuming a consistent rate of return throughout the entire time period. It is important to note that no […]
Bookkeeping
Managerial Accounting Definition, Objectives & Techniques
Content Apply for Institute of Management Accountants (IMA) membership. Streamline your business and make informed decisions with managerial accounting. Product costing and valuation What Is Management Accounting? Jobs, Skills, Salary, Education What Is Managerial Accounting? Inventory turnover analysis Product costing deals with determining the total costs involved in the production of a good or service. […]
Income Statement Definition, Explanation and Examples
This is how profitable your business is after subtracting all internal costs, which you have more control over, but before accounting for external costs like loan interest payments and taxes, which you have less control over. Consider enrolling in Financial Accounting or our other online finance and accounting courses, which can teach you the key […]
Prepaid Expense Amortization: Streamlining Your Close Process
A “below-market loan” is a loan on which no interest is charged or on which interest is charged at a rate below the applicable federal rate (AFR). A gift or demand loan that is a below-market loan is generally considered an arm’s-length transaction in which you, the borrower, are considered as having received both of […]
Login & Support ADP RUN Login for Employees and Administrators
Content Midsized Business Run Payroll Discover the RUN Powered by ADP® mobile app ADP Accountant ConnectSM Follow the instructions to complete the registration process. Nearly 800,000 small business clients trust ADP® to deliver a better payroll experience. Our small business expertise and easy-to-use tools simplify payroll and HR, so you can stay focused on the […]