With flexibility in billing and invoicing, extensive reporting features, and support for major payment gateways, PHPTRAVELS ensures an all-rounded solution for any business in the travel industry. TechnoHeaven stands as a leading Travel Portal Development Company, providing comprehensive Travel Portal Solutions. These solutions cater to a broad spectrum of clients, including travel agencies,...
Today’s leading accounting platforms offer standard security features such as data encryption, secure credential tokenization and more. QuickBooks Online is a good option for many small businesses that are looking to make invoicing customers easy and integrate invoicing and payments into the general ledger. Small businesses can customize how they use the platform so that they only use the...
Each industry has its own standard or normal level of shareholders’ equity to assets. Shareholders’ equity is, therefore, essentially the net worth of a corporation. If the company were to liquidate, shareholders’ equity is the amount of money that would theoretically be received by its shareholders. Venture capitalists (VCs) provide most private equity financing in return for an...
For example, an AR aging report may list all outstanding receivables less than 30 days, 30 to 60 days, 60 to 90 days, and 90+ days. Management accountants fill a staff function, providing support to top, middle, and line management. Managerial accounting focuses on providing information to internal users – the management. Financial accounting is created for its investors, creditors, and...
FOB stands for “Free On Board” and refers to the location where ownership and responsibility for goods transfer from the seller to the buyer. Specifically, FOB shipping point means that the buyer assumes ownership and responsibility as soon as the goods leave the seller’s designated shipping point. FOB freight collect and allowed specifies that the buyer must pay the freight...
