Bookkeeping

Valor Operator Services provides oil and gas accounting and bookkeeping services to oil and gas operators and investors. Valor provides full service JIB accounting, AFE accounting, oil and gas bookkeeping, accounts payable and joint interest billing, and financial, operational and production accounting. Valor stays on top of your oil and gas accounting and back office […]

In short, business leaders can use insights from unearned revenue to make more informed, strategic choices that align with their company’s long-term goals and market position. It provides a window into future revenue streams and helps in creating more accurate financial projections. This foresight is essential for strategic financial planning, such as managing debt, planning

A company with consistent or rising dividends, along with a steady net income, could potentially be a good investment. They also often use Price-to-Earnings (P/E) ratios and carry out dividend calculations. The P/E ratio provides a comparison between a company’s stock price and its earnings per share (EPS), offering insight into the company’s projected earning

Once the percentage is determined, it is multiplied by the total credit sales of the business to determine bad debt expense. A bad debt expense is a financial transaction that you record in your books to account for any bad debts your business has given up on collecting. Companies write off or deduct business bad

Like QSRs, fast food restaurants might have a tip jar (or digital equivalent) for either counter workers or all employees to share at the end of a shift. However, most fast food chains like McDonald’s don’t allow their workers to receive tips. If your fast food restaurant is an exception, clearly define who is eligible

Some of your markets have sustained you, while some of your markets may be draining you. But we also may find that a market segment or two is totally impacting your bottom line by sucking up too many resources. In this case, we will encourage you to eliminate those non-profitable markets so that you can

Bernard met his wife, Lu Ann, in Los Angeles while visiting business franchises for his work. When Shauna is not working what she enjoys most is being a wife and the mother of three children. You can also ask an accountant to provide proof of their license and credentials. Answers to commonly asked questions from

A balance sheet can help you decide whether your business can meet all its financial obligations. It’s necessary to keep track of your cash payments if you want to have accurate bookkeeping. When you don’t account normal balance for your transactions properly, it can put you and your whole business at risk. The same can

Some CPAs may offer tiered fee structures or hourly rates, whereas others may charge a flat fee or retainer for their services. Forbes reports that the average hourly rate for accountants is $37, but rates can range from below $37 to more than $400 per hour. The article goes further, saying that the costs vary

Tutorials Point is a leading Ed Tech company striving to provide the best learning material on technical and non-technical subjects. Individuals can invest or manage their accounts using their respective account numbers. An account number is the primary and important part of the accounting process as all of the accounting is done under the use