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Financial Statements

time lapse of owner's equity

January 21, 2021 | By: Multi Business Solutions

Owner’s Equity Time Lapse

In previous posts, we brought the balance sheet into focus and then adjusted our aperture to focus on three important balance sheet analyses. Now we'll take a closer look at one of the main sections of the balance sheet - Owner's Equity. Think of owner's equity in terms of a time-lapse. A

January 21, 2021 | By: Multi Business Solutions

Category: Accounting/Bookkeeping,  Financial Statements,  QuickBooks | Tags: Balance Sheet,  Financial Statements,  Profit & Loss,  Small Business

balance sheet analyses to focus on

November 2, 2020 | By: Multi Business Solutions

Adjust Your Aperture: 3 Balance Sheet Analyses to Focus On

When we discussed the basics of a balance sheet, we likened it to a snapshot of a company's financial position:  what a company owns and owes at a particular point in time. The most important element of a good photo is the ability of the photograph to communicate with the viewer.  It should be able

November 2, 2020 | By: Multi Business Solutions

Category: Accounting/Bookkeeping,  Financial Statements,  QuickBooks | Tags: Accounts Payable,  Accounts Receivable,  Balance Sheet,  Financial Statements,  Small Business,  Year End

September 28, 2020 | By: Multi Business Solutions

Say Cheese! – Bringing the Balance Sheet into Focus

The Balance Sheet provides a snapshot of a company's financial position - what the company owns and what it owes - at a particular point in time, often at the end of a month, quarter or year. Business owners, investors, and lenders use the Balance Sheet to assess a company's financial strength and

September 28, 2020 | By: Multi Business Solutions

Category: Accounting/Bookkeeping,  Financial Statements | Tags: Balance Sheet,  Financial Statements,  Small Business

August 23, 2019 | By: Natalie Remund

Where’s My Money? The Importance of Reviewing Your Statement of Cash Flows

Question:  My Profit & Loss Statement shows a positive net income last month, so why do I not have any money in my bank account? Answer:  Many business owners struggle with this question, so you are not alone. The fact that you are reviewing your Profit & Loss Statement regularly is an

August 23, 2019 | By: Natalie Remund

Category: Accounting/Bookkeeping,  Business Consulting,  Financial Statements,  QuickBooks | Tags: Financial Statements,  Profit & Loss,  Statement of Cash Flows

June 17, 2019 | By: Natalie Remund

Manage Accounts – QuickBooks Tutorial Video

Every time you create an invoice or enter a bill for your business in QuickBooks, you are either accessing one of your existing customer or vendor accounts, or creating a new one account. Over time, these account lists will likely become lengthy. There may be duplicates or inactive accounts or

June 17, 2019 | By: Natalie Remund

Category: Accounting/Bookkeeping,  QuickBooks,  QuickBooks Tutorial Videos | Tags: Accounts Payable,  Accounts Receivable,  Chart of Accounts,  Financial Statements,  QuickBooks,  Small Business

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