Category Archives: Bookkeeping

Each one of these steps will help improve the short-term liquidity of the company and positively impact the analysis of net working capital. A company can improve its working capital by increasing current assets and reducing short-term debts. To boost current assets, it can save cash, build inventory reserves, prepay expenses for discounts, and carefully […]

According to a February 2023 report from the US Bureau Accounting for Technology Companies of Labor Statistics, 43% of private employers paid their employees every two weeks. About 20% chose the semimonthly payroll, 27% chose weekly, and about 10% chose monthly. At first glance, the difference between biweekly and semimonthly might seem subtle. But, when […]