The straight-line depreciation method depreciates the value of an asset gradually, and linearly, over the years it is used.| Deskera Blog
Want to learn how to make the perfect journal entry? Learn everything there is to know about journal entries, and how to use accounting software to make them.| Deskera Blog
An element or resource that is not physical but assigns a considerable value to a company is called an intangible asset. Besides this definition, this post offers insights in: * Description of Intangible asset * Difference between Tangible and Intangible assets * Types of Intangible assets * Characteristics of Intangible assets * How to value| Deskera Blog
Salvage value is defined as the book value of the asset once the depreciation has been completely expensed.| Deskera Blog
Fixed assets are tangible, long-term items not intended for sale as inventory. Shown on the balance sheet, fixed assets lose value over time if depreciated| Deskera Blog
Amortization is a technique to calculate the progressive utilization of intangible assets like software, patent or copyright in a company.| Deskera Blog
A Balance Sheet offers a snapshot of your company’s financial position at a moment in time. The Balance Sheet helps you answer the questions: - How much does your business own? - How much does your business owe? - How much was invested by your own fund, or shareholders funds?| Deskera Blog
A sales pipeline refers to the stages leads go through on their way to becoming customers, and the steps you have to take to move them through each stage.| Deskera Blog
What is Profit and loss and P&L Statement- the Key Elements, Types , Use cases and prepare a Profit and loss Statement| Deskera Blog
In sales, a lead is any person or company who expresses an interest in your business’ product or service and has the potential to become a customer.| Deskera Blog
The Inventory Reorder Point in inventory management is the minimum level of stock for a specific product.| Deskera Blog
Revenue is also referred to as sales revenue. Revenue is the amount of gross income gained through sales of items, products, or services.| Deskera Blog
