Author Archives: ahmedaadil

Open source P2P digital currency

To determine whether a coin is bearish or bullish, we use technical indicators such as the Relative Strength Index (RSI) and important simple and exponential moving averages. You can convert Foxdcoin to US Dollar by selling FOXD for USD on a cryptocurrency exchange. To see all exchanges where Foxdcoin is trading, click here. A measure […]

Contra Asset Examples, How a Contra Asset Account Works

Contra liability accounts are less commonly used than contra asset accounts. Contra liability accounts are mainly used by corporations that issue bonds frequently. That is because some of the bonds are issued at a discount, so this reduces the balance of their bonds payable. They are also helpful for keeping the books balanced and creating […]

What Is Billing in Accounting Billing Process Explained

It helps to keep track of revenue and accounts receivable and is essential for financial management. In addition to keeping track of transactions, invoice billing also helps businesses manage their cash flow. By sending out invoices promptly and following up on any overdue payments, businesses can ensure that they have a steady stream of revenue […]

Accounting for Self-Insurance–Theory and Practice

As an alternative, if the risk is too high, you might consider maintaining insurance but with a very high deductible. Although technically more narrowly defined, the term “self-insurance” is commonly used to capture a wide variety of retained risk mechanisms. To that point, the colloquial use of “self-insurance” is generally used throughout this article unless […]

Accounting for Self-Insurance–Theory and Practice

As an alternative, if the risk is too high, you might consider maintaining insurance but with a very high deductible. Although technically more narrowly defined, the term “self-insurance” is commonly used to capture a wide variety of retained risk mechanisms. To that point, the colloquial use of “self-insurance” is generally used throughout this article unless […]

List of Top Crypto Accounting Software 2024

Most traders spend years learning the markets and learning how to build trading scripts—and lose a bunch of money in the process—before finding one that works consistently. To understand your trading business’s true profitability, you need to track your monthly draw in your accounting software. This is the range of financial instruments that a trader […]

The Ultimate Guide to Outsourced Bookkeeping 2023

Here’s a more detailed overview of the 2 main ways outsourced bookkeeping works. Here are some of the most common reasons business owners outsource their bookkeeping. Operating expenses need to be constantly monitored so you can discover ways to save money potentially. If a supplier or utility raises prices, start shopping for better deals. Whether […]