Category: Accounting

Balance Sheet Analysis

In the previous lesson, we gave you a quick step-by-step walkthrough on how to create a balance sheet for your online business. Now, let’s talk about the various methods you can use to analyze and read the balance sheet. We’ll be covering how you can use the statement to arrive at conclusions, spot patterns, notice […]

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Revenue to EBITDA

In this lesson, we’ll be covering some of the key steps in preparing an income statement. We’ll also take a look at all the items that are usually listed in the statement, especially when it comes to e-commerce businesses.  Steps in preparing an income statement: Start with Revenue The first thing you need to start […]

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Balance Sheet Template

How to create a balance sheet in excel

A balance sheet is commonly called a “snapshot of a company’s financial condition”. It is a statement of the company regarding its financial position or its net worth or in simpler words a statement regarding the company’s spending and earning. There are three important financial statements in a company namely income statement, cash flow statement, […]

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The 10 Best QuickBooks Online Apps

The business is an act where we have to perform according to the current market and financial conditions of the organization. A successful businessman is a person who can maintain a perfect relation between the income and expenditure of his company. In the present situation, there are many applications which act as a catalyst to […]

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