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739 results for "Stephen L. Nelson"
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How to Record a Loan Payment in QuickBooks 2012
To record the payment on a loan, you or QuickBooks 2012 makes a journal entry like the one shown in the following table. For example, suppose that in connection with the loan shown in Journal Entry 13, [more…]
Found in: QuickBooks 2012 -
Entering a Starting Trial Balance in QuickBooks 2011
In order to record your starting trial balance, you record a journal entry. The journal entry records the trial balance amounts for all your accounts at the conversion or start date except for the account [more…]
Found in: Getting Started -
Days of Inventory Turnover Ratio and QuickBooks 2012
The days of inventory turnover ratio is one of several activity ratios you can use to help manage your assets in QuickBooks 2012. The days of inventory ratio resembles the inventory turnover financial [more…]
Found in: Planning & Budgeting -
Debt Equity Ratio in QuickBooks 2013
The debt equity ratio is one of the leverage ratios you can use in QuickBooks 2013. A debt equity ratio compares a firm’s long-term debt with a stockholder’s equity or owner’s equity. Essentially, the [more…]
Found in: Planning & Budgeting -
Debt Equity Ratio in QuickBooks 2012
The debt equity ratio is one of the leverage ratios you can use in QuickBooks 2012. A debt equity ratio compares a firm’s long-term debt with a stockholder’s equity or owner’s equity. Essentially, the [more…]
Found in: Planning & Budgeting -
Debt Ratio in QuickBooks 2013
The debt ratio is one of the leverage ratios you can use in QuickBooks 2013. The debt ratio simply shows the firm’s debt as a percentage of its capital structure. The term [more…]
Found in: Planning & Budgeting -
Debt Ratio in QuickBooks 2012
The debt ratio is one of the leverage ratios you can use in QuickBooks 2012. The debt ratio simply shows the firm’s debt as a percentage of its capital structure. The term [more…]
Found in: Planning & Budgeting -
Days of Inventory Turnover Ratio and QuickBooks 2013
The days of inventory turnover ratio is one of several activity ratios you can use to help manage your assets in QuickBooks 2013. The days of inventory ratio resembles the inventory turnover financial [more…]
Found in: Planning & Budgeting -
The Equity Section of the QuickBooks 20120 Balance Sheet
The owner’s equity section of a QuickBooks 2012 balance sheet looks different for different types of businesses. The owner’s equity sections look different for partnerships and corporations. [more…]
Found in: QuickBooks 2012 -
Average Collection Period Ratio and QuickBooks 2013
QuickBooks 2013 and several different activity ratios can help manage your assets. The average collection period ratioshows how long it takes for a firm to collect on its receivables. You can think about [more…]
Found in: Planning & Budgeting -
Understanding Liquidity Ratios in Bookkeeping
Liquidity ratios measure how easily and comfortably a firm can pay its immediate financial obligations and exploit immediate short-term financial opportunities. For example, everything else being equal [more…]
Found in: Accounting Basics -
Assumptions of Accounting for Working with QuickBooks 2012
There are principles and assumptions that underlie business accounting and that you need to understand when working with QuickBooks 2012. It’s no exaggeration to say that they permeate almost everything [more…]
Found in: QuickBooks 2012 -
Asset Turnover Ratios and QuickBooks 2012
Two different activity ratios can help manage your assets in QuickBooks 2012 — the fixed asset turnoverratio and the total assets turnover ratio. The fixed asset turnover ratio quantifies how efficiently [more…]
Found in: Planning & Budgeting -
Inventory Turnover Ratio and QuickBooks 2012
You can use several activity ratios to help manage your assets in QuickBooks 2012. The inventory turnover ratiomeasures how many times in an accounting period the inventory balance sells out. The formula [more…]
Found in: Planning & Budgeting -
Average Collection Period Ratio and QuickBooks 2012
QuickBooks 2012 and several different activity ratios can help manage your assets. The average collection period ratioshows how long it takes for a firm to collect on its receivables. You can think about [more…]
Found in: Planning & Budgeting -
Identify the Starting Trial Balance during QuickBooks 2012 Setup
Regardless of whether you use the Express Start version or Advanced Setup/EasyStep Interview version of the QuickBooks Setup process, you don't actually get a complete trial balance into the QuickBooks [more…]
Found in: Getting Started -
Inventory Turnover Ratio and QuickBooks 2013
You can use several activity ratios to help manage your assets in QuickBooks 2013. The inventory turnover ratiomeasures how many times in an accounting period the inventory balance sells out. The formula [more…]
Found in: Planning & Budgeting -
QuickBooks 2012 Statement of Cash Flows
Don’t spend too much time spinning your wheels trying to understand the QuickBooks 2012 Statement of Cash Flows. QuickBooks does supply a statement of cash flows, but you don’t need to use this statement [more…]
Found in: QuickBooks 2012 -
How to Create the Starting QuickBooks 2013 Setup Trial Balance
Regardless of whether you use the Express Start version or the Advanced Setup/EasyStep Interview version of the QuickBooks Setup process, you don’t actually get a complete trial balance into the QuickBooks [more…]
Found in: Getting Started -
Fixed-Charges Coverage Ratio in QuickBooks 2012
The fixed-charges coverage ratio is one of several leverage ratios can be used in QuickBooks 2012. The fixed-charges coverage ratio resembles the times interest earned ratio. The fixed-charges coverage [more…]
Found in: Planning & Budgeting -
Liquidity Ratios and QuickBooks 2013
Liquidity ratios, one of several types of ratios you can use in QuickBooks 2013, measure how easily and comfortably a firm can pay its immediate financial obligations and exploit immediate short-term [more…]
Found in: Planning & Budgeting -
Fixed-Charges Coverage Ratio in QuickBooks 2013
The fixed-charges coverage ratio is one of several leverage ratios can be used in QuickBooks 2013. The fixed-charges coverage ratio resembles the times interest earned ratio. The fixed-charges coverage [more…]
Found in: Accounts Receivable -
Economic Value Added Analysis in Action
EVA analysis has two variations. The simple version of EVA analysis is called an equity-based EVA, and you can use the information that you create with QuickBooks 2012 to perform this type of EVA analysis [more…]
Found in: Planning & Budgeting -
The Accounting Model of Double-Entry Accounting
Here’s the first thing to understand and internalize in order to use double-entry bookkeeping with QuickBooks 2012: Modern accounting uses an accounting model that says assets equal liabilities plus owner’s [more…]
Found in: QuickBooks 2012 -
Asset Turnover Ratios and QuickBooks 2013
Two different activity ratios can help manage your assets in QuickBooks 2013 — the fixed asset turnoverratio and the total assets turnover ratio. The fixed asset turnover ratio quantifies how efficiently [more…]
Found in: Planning & Budgeting








