Bookkeeping

Your tips total $75 extra dollars per week, which is multiplied by the 52 weeks of the year to get $3,900. Therefore, your gross annual income for your job would be $39,900 when accounting for tips. Let’s look at the previous example of a job opening that pays a yearly …

They’re working overtime to reconcile expenses across multiple systems and geographies and chase down employees for missing receipts. A key part of managing cash flow is managing spend, and with Brex, businesses can control spend before it happens. Companies can set and monitor budgets across teams and departments, and embed …

Assets and liabilities are two fundamental components of a company’s financial statements. Assets represent resources a company owns or controls with the expectation of deriving future economic benefits. Liabilities, on the other hand, represent obligations a company has to other parties. Example 3: Deferred Revenue In this context, a lower …