by Aaron | Nov 6, 2021 | Bookkeeping
Loans made for the purpose of buying a primary residence may be exempt from imputed interest, as may loans made for the purpose of buying a car or other certain other personal property. Additionally, loans made by a qualified charitable organization, a political...
by Aaron | Oct 2, 2021 | Bookkeeping
When you buy a bond, you receive periodic interest payments until the bond matures, and then the face value of the bond is returned to you. Carrying over from the example above, the value of a zero-coupon bond with a face value of $1,000, YTM of 3%, and two years to...
by Aaron | Sep 28, 2021 | Bookkeeping
The company anticipates receiving the owed payment in cash soon (“cash inflow”). Conceptually, accounts receivable reflects a company’s total outstanding (or unpaid) customer invoices. Average accounts receivable can be misleading if there are significant fluctuations...
by Aaron | Mar 24, 2021 | Bookkeeping
Investors often scrutinize financial statements to assess the risk of their investment. Solid accounting practices can reduce these perceived risks and showcase your startup’s growth potential. Wave provides basic accounting features like invoicing, receipt...
by Aaron | Apr 22, 2020 | Leadership, Team
It’s no secret that many employees would rather have better benefits than to just take extra money or a higher paying job. Benefits unlock more than just fulfilling material needs, they touch on something rooted much deeper in our psyche. They flip switches that...
