What is account reconciliation? Sage Advice US

Stripe’s automated system handles this comparison, enabling you to capture revenue accurately and reconcile your internal accounting systems with Stripe-processed charges and refunds at a transaction level. Reconciling your bank statements simply means comparing your internal financial records against the records provided to you by your bank. This process is important because it ensures that … Leer más

Current Ratio Definition, Explanation, Formula, Example and Interpretation

As with many other financial metrics, the ideal current ratio will vary depending on the industry, operating model, and business processes of the company in question. Learn how to build, read, and use financial statements for your business so you can make more informed decisions. Industries with predictable, recurring revenue, such as consumer goods, often … Leer más

Accounting Consultant Meaning, Role, Pros & Cons of Hiring

With our user-friendly platform, you can create a compelling job description and start receiving applications right away. According to the Bureau of Labor Statistics, the median earnings for accountants and auditors are $69,350 as of May 2017, with half making less money and half making more. Accounting wages fall below $43,020 for the bottom 10 … Leer más