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Category: Bookkeeping

Navigating Church Payroll: Best Practices for Clergy and Staff Compensation

ADP is one of the most popular payroll software providers in the world — but did you know that it also offers a full suite of HR tools?

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What Is a Sales Invoice? A Guide to Creating Sales Invoices

Invoices, however, are documents that you send out to your clients. You don’t want to use a shabby and unprofessional invoice design for the same reason that you

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What Is the Interest Coverage Ratio?

This Fed study means that the TIE ratio (ICR ratio) can also predict the probability of overall “default and financial distress” of a business, not only its ability

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Times Interest Earned Ratio, Calculate, Formula

In an article, LeaseQuery, a software company that automates ASC 842 GAAP lease accounting, explains lease interest expense calculation, classification, and reporting. According to LeaseQuery, financial leases have

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