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How do I set up my direct deposit and receive my earnings?

How do I set up my direct deposit and receive my earnings?


Postmates Fleet Help Center

 Once your account is activated, sign in to your Fleet Dashboard and link your bank account.Click here to link your bank account.Add Your Bank AccountPostmates requires a transactional bank acc...

Programmatic versus publisher-direct online ad buying: What do the data say? - Digital Content Next

Programmatic versus publisher-direct online ad buying: What do the data say? - Digital Content Next


Digital Content Next

Anyone’s who’s been buying digital advertising for more than a minute has been faced with the daunting question from marketing and non-marketing executives alike: “So, how much of this advertising is actually legit, anyhow?” The industry has been hounded by issues relating to viewability, engagement, and outright fraud for the past couple of years, and the general business press regularly covers the subject matter.

The Difference Between Direct & Indirect Objects in Sentence Structure - Video & Lesson Transcript | Study.com

The Difference Between Direct & Indirect Objects in Sentence Structure - Video & Lesson Transcript | Study.com


Study.com

Mixing up direct and indirect objects could drastically affect sentence structure. Watch this video lesson to finally learn how to differentiate...

9 Investing Truths That Don’t Get Enough Credit

by Morgan Housel @ Betterment

Amazon has 149,449 book results for “investing.” Morgan Housel recommends just nine points.Search “investing” on Amazon and you get 149,449 book results. Many of them are great, but the core principles of investing don’t require length. Just nine broad points guide most of what I think about investing. 1. Investors tend to see past market declines […]

Bird expands to San Francisco, San Jose and Washington

by Jonathan Shieber @ TechCrunch

The smash dockless scooter rental startup, Bird, is expanding beyond its Southern California nest with a new rollout in San Francisco, San Jose, Calif. and Washington, DC, the company said today. And as his company makes its migration across the country, Bird chief executive Travis VanderZanden is determined not to make the same mistakes that […]

How do I sign up for Direct Deposit? | Medavie Blue Cross

How do I sign up for Direct Deposit? | Medavie Blue Cross


Medavie Blue Cross

Medavie Blue Cross is a not-for-profit organization that provides health, dental, travel, life and income replacement products to individuals and groups

When Is the Best Time to Invest in the Stock Market?

by marshayclarke @ Betterment

The media would have you think there are dozens of reasons to buy into or sell out of the market, but what the hard data shows is that most of the time, you should stick to a long-term investment strategy. Contributing Authors Joe Wang Senior Customer Support Specialist Dan Egan Director of Behavioral Finance Jamie […]

Worried Market Watchers: What (Not) To Do Next

Worried Market Watchers: What (Not) To Do Next

by Jill Schlesinger @ Betterment

When you hear about big percentage losses in the stock market, you’re bound to feel butterflies. Listen in for some brief advice on how to think practically about your investment goals during the market turbulence.Stock investors are coming off one of the rockiest stretches in two years, leading to the inevitable question: What should I […]

SearchCap: SMX Insights, Google Doodle & charity

by Barry Schwartz @ SearchCap: Daily Search Engine News Recap

Below is what happened in search today, as reported on Search Engine Land and from other places across the web.

The post SearchCap: SMX Insights, Google Doodle & charity appeared first on Search Engine Land.

Ep. 038: How Wall Street Destroyed Main Street with Rana Foroohar

by Jill Schlesinger @ Betterment

Rana Foroohar shows how the “financialization of America,” is perpetuating Wall Street’s reign over Main Street. As you’ll recall, we did our fair share of explaining why Wall Street matters, on the episode featuring Bill Cohan. Today we’re doing a 180 with financial journalist and author Rana Foroohar. Rana’s book, “Maker and Takers: How Wall […]

Organic growth

by Steven Bragg @ Articles - AccountingTools

Organic growth is the increase in sales of a business generated by those of its operations that were in existence at the beginning of the measurement period. The concept is used to differentiate between sales generated from existing operations and those operations that were acquired during the measurement period. In particular, organic growth is used to determine whether existing operations are in a state of decline, neutral growth, or expansion. It is entirely possible that organic "growth" will actually be negative.

For example, a company may report 100% growth during a period, but further analysis may reveal that 95% of the growth was from sales attributable to an acquisition and 5% to existing operations.

Organic growth can be caused by any of the following:

  • An increase in prices
  • An increase in units sold of existing products
  • Sales of new products from existing operations
  • Sales to new customers for products from existing operations
  • Sales generated by new distribution channels
  • Sales generated in new sales regions

Organic growth nearly always refers to changes in revenue, but can be used in reference to changes in profitability or cash flows.

The organic growth concept is a solid growth strategy for many businesses. This approach depends on internally-generated growth, rather than through acquisitions, and is a particularly viable option for a business that does not have sufficient cash to acquire other entities. However, this type of growth tends to be rather slow, especially when compared to the massive sales gains that can be achieved through an acquisition strategy. Also, organic growth could be in a sales segment that does not generate much cash flow, whereas an acquisition could generate sales in a more profitable segment of the market.

Related Courses

Business Ratios Guidebook 
Financial Analysis 
The Interpretation of Financial Statements 

The differences between the SLT, Direct Method, and Audiolingual Method

by MOHAMMED RHALMI @ My English Pages

The differences between Situational Language Teaching, Direct Method, and Audio-Lingual Method What are the differences between the SLT, Direct Method, and Audiolingual Method? The audiolingual method and situational language teaching Before looking at the...

The post The differences between the SLT, Direct Method, and Audiolingual Method appeared first on My English Pages.

Ep. 034: Stacking Benjamins: Earn, Save, and Spend Money With a Plan

by Jill Schlesinger @ Betterment

The biggest asset purchase or sale you’ll make in life could be your own home. For advice on how to do it right, "Better Off" turns to Stephen Gasque.

Direct Debits: cancel and save money - MoneySavingExpert

Direct Debits: cancel and save money - MoneySavingExpert


MoneySavingExpert.com

Learn how to cancel a direct debit and stop your old subscriptions for gym, dating sites, magazines and more with Money Saving Expert

4 Reasons You Should Be Doing More Competitive Research

by Mark @ Megalytic Blog

In digital marketing, it’s normal to spend a lot of your time measuring and analyzing your own site’s performance. But if you aren’t paying close attention to the rest of the market, your understanding of that performance might be incomplete. In this post, we’ll cover 4 reasons to dedicate more time to competitive analysis and […]

Types of financial analysis

by Steven Bragg @ Articles - AccountingTools

Financial analysis involves the review of an organization's financial information in order to arrive at business decisions. This analysis can take several forms, with each one intended for a different use. The types of financial analysis are:

  • Horizontal analysis. This involves the side-by-side comparison of the financial results of an organization for a number of consecutive reporting periods. The intent is to discern any spikes or declines in the data that could be used as the basis for a more detailed examination of financial results.
  • Vertical analysis. This is a proportional analysis of the various expenses on the income statement, measured as a percentage of net sales. The same analysis can be used for the balance sheet. These proportions should be consistent over time; if not, one can investigate further into the reasons for a percentage change.
  • Short term analysis. This is a detailed review of working capital, involving the calculation of turnover rates for accounts receivable, inventory, and accounts payable. Any differences from the long-term average turnover rate are worth investigating further, since working capital is a key user of cash.
  • Multi-company comparison. This involves the calculation and comparison of the key financial ratios of two organizations, usually within the same industry. The intent is to determine the comparative financial strengths and weaknesses of the two firms, based on their financial statements.
  • Industry comparison. This is similar to the multi-company comparison, except that the comparison is between the results of a specific business and the average results of an entire industry. The intent is to see if there are any unusual results in comparison to the average method of doing business.

Related Courses

Business Ratios Guidebook 
Financial Analysis 
The Interpretation of Financial Statements 

What Charity Navigator’s President and CEO Thinks about Betterment Charitable Giving

by Jamie Cartwright @ Betterment

We wanted to learn how Betterment’s charitable giving service could affect the world of nonprofit development at large. So, we went to an expert: Michael Thatcher of Charity Navigator, the nation’s leading platform for helping donors make smart choices for their charitable donations.

Instagram Direct one-ups Snapchat with replay privacy controls

Instagram Direct one-ups Snapchat with replay privacy controls


TechCrunch

Messaging is the heart of Snapchat, so after cloning and augmenting Stories, Instagram is hoping to boost intimate usage of Direct with privacy controls not found elsewhere. Now when you send an ephemeral photo or video from the Instagram Direct camera, you can decide whether recipients can only vi…

Watch Apple’s iPad education event here

by Brian Heater @ TechCrunch

Apple didn’t livestream this morning’s education event at Lane Tech High School in Chicago, so reading along live was the next best thing. Thankfully, for those who weren’t crammed into the auditorium seating with the rest of us, the whole shebang is now online and viewable through Apple’s site. The event was, as expected, focused […]

The Battle for Direct Bookings: What Independent Hotels Can Do - Net Affinity Blog

The Battle for Direct Bookings: What Independent Hotels Can Do - Net Affinity Blog


Net Affinity Blog

Direct bookings are becoming a major priority for chains and independent hotels alike. Without big budgets, though, how can independents compete?

Direct Primary Care Physician offering Osteopathic & Integrative Medicine in Denver, CO

Direct Primary Care Physician offering Osteopathic & Integrative Medicine in Denver, CO


Direct Osteopathic Primary Care

Dr. Brieanna Seefeldt, DO at Direct Osteopathic Primary Care is a Primary Care Physician offering Osteopathic and Integrative Medicine to Individuals and Families using the Direct Primary Care model.

How to Do a Direct IRA Transfer - Betterment

How to Do a Direct IRA Transfer - Betterment


Betterment

A direct transfer of your IRA to Betterment is easy and can be done online in four simple steps.

How to Determine the Tax-Deductible Value of Donated Shares

by ericbronnenkant @ Betterment

As part of optimizing your portfolio for taxes, you should assess how much of your invested money you can donate to reduce capital gains tax, instead of donating cash.

Lended or Lent – Which is Correct?

by admin @ Writing Explained

Many language learners consider English a difficult language to master, since it breaks its own rules so often. Spelling and pronunciation are rarely consistent, and if that weren’t enough, even verb conjugation has so many exceptions that we have an entire category for verbs that don’t follow the rules: irregular verbs. Lend, for instance, is ... Read more

The post Lended or Lent – Which is Correct? appeared first on Writing Explained.

Ep. 031: Hot Housing: How to Buy and Sell with Stephen Gasque

by Jill Schlesinger @ Betterment

The biggest asset purchase or sale you’ll make in life could be your own home. For advice on how to do it right, "Better Off" turns to Stephen Gasque.

What is the difference between direct costs and variable costs?

What is the difference between direct costs and variable costs?


Investopedia

Learn about variable costs and direct costs, how direct costs and variable costs are classified and the differences between the two.

Experiment Shows Up To 60% Of "Direct" Traffic Is Actually Organic Search - Search Engine Land

Experiment Shows Up To 60% Of "Direct" Traffic Is Actually Organic Search - Search Engine Land


Search Engine Land

Browsers don't always report where they came from when arriving at a website. What percentage of direct traffic is really attributable to SEO? See what Groupon found.

Why Do I Need Two Instagram Apps?

Why Do I Need Two Instagram Apps?


Gizmodo

It’s painfully obvious that Instagram wants to watch Snapchat flame out into a pillar of dust. It has copied a number of its features, fine-tuning them and deploying them even better than Snapchat. And it looks like Instagram is back on its bullshit with a new standalone messaging app.

How To Manage Dozens (or Hundreds!) of Facebook Pages

by Mark @ Megalytic Blog

Managing multiple Facebook Pages can become a challenge for agencies and large organizations alike. Perhaps you run social for several clients or your business has multiple Pages for different business lines, products or locations. Either way, the primary issue is scale. You have all the challenges of running a single Facebook Page, only multiplied across […]

Weaved or Woven – Which is Correct?

by admin @ Writing Explained

Sometimes, there is more than one way to conjugate an English verb into a given tense. These occasions are rare, but they do happen. Weaved and woven are both correct past participle conjugations of weave, but since they are correct in different contexts, they are not interchangeable. Continue reading to learn more about these confusing ... Read more

The post Weaved or Woven – Which is Correct? appeared first on Writing Explained.

Throughput definition

by Steven Bragg @ Articles - AccountingTools

Throughput is the number of units that pass through a process during a period of time. This general definition can be refined into the following two variations, which are:

  • Operational perspective. Throughput is the number of units that can be produced by a production process within a certain period of time. For example, if 800 units can be produced during an eight-hour shift, then the production process generates throughput of 100 units per hour.
  • Financial perspective. Throughput is the revenues generated by a production process, minus all completely variable expenses incurred by that process. In most cases, the only completely variable expenses are direct materials and sales commissions. Given the small number of expenses, throughput tends to be quite high, except for those situations in which prices are set only slightly higher than variable expenses.

For operations, throughput can be increased by enhancing the productivity of the bottleneck operation that is constraining production. For example, an additional machine can be purchased, or overtime can be authorized in order to run a machine for an extra shift. The key point is to focus attention on the productivity of the bottleneck operation. If other operations are improved, the overall throughput of the system will not increase, since the bottleneck operation has not been enhanced. This means that the key focus of investment in the production area should be on the bottleneck, not other operations.

For financial analysis, throughput can be increased by altering the mix of products being produced, to increase the priority on those products that have the highest throughput per minute of time required at the constrained resource. If a product has a smaller amount of throughput per minute, it can instead be routed to a third party for processing, rather than interfering with the bottleneck operation. As long as some positive throughput is gained by outsourcing, the result is an increased overall level of the throughput for the company as a whole.

Related Courses

Constraint Management 

New Tax Bill: How to Plan During Tax Reform Ups and Downs

by Nick Holeman, CFP® @ Betterment

To help you navigate the uneasy waters of new tax legislation, here are three tips on how to plan during the ups and downs of tax reform. The financial world is known for generating news headlines, and the Tax Cuts and Jobs Act is no exception. Before the bill passed, speculation on the GOP tax […]

Payroll records

by Steven Bragg @ Articles - AccountingTools

Payroll records contain information about the compensation paid to employees and any deductions from their pay. These records are needed by the payroll staff to calculate gross pay and net pay for employees. Payroll records typically include information about the following items:

  • Bereavement pay
  • Bonuses
  • Commissions
  • Deductions for pensions, benefits, charitable contributions, stock purchase plans, and so forth
  • Direct deposit information
  • Gross wages
  • Hours worked
  • Manual check payments
  • Net wages paid
  • Salary rates
  • Vacation and/or sick pay

The information in payroll records have traditionally been stored on paper documents, but can also be recorded as electronic documents.

Payroll records can be considered a subset of the information stored in human resources records, which can contain considerably more information than items pertaining to just employee pay and deductions.

The time period over which payroll records must be retained will depend upon government requirements. The Internal Revenue Service typically states a required retention period in each document it issues dealing with payroll issues. In general, wage calculations should be retained for two years, while collective bargaining agreements should be retained for three years.

Related Courses

Payroll Management 

4 Awesome Examples of How to Do Direct Mail Right | AccuData Integrated Marketing

4 Awesome Examples of How to Do Direct Mail Right | AccuData Integrated Marketing


AccuData Integrated Marketing

Looking for inspiration? Check out these four direct mail examples of people who are doing a great job with their marketing!

Introducing Charitable Giving by Betterment

by Alex Benke, CFP® @ Betterment

Starting Giving Tuesday, Betterment customers will be able to donate shares from taxable accounts to charitable organizations.

Continuing professional education

by Steven Bragg @ Articles - AccountingTools

Continuing professional education (CPE) is ongoing training that is required in order to remain certified as a professional in certain fields. The intent behind requiring this training is to force professionals to continue to update their knowledge of pertinent information that can improve their ability to serve their clients. In the accounting field, the state boards of accountancy all require a significant amount of CPE for certified public accountants (CPAs). Though the exact training requirements vary by state, the general requirements are:

  • To take 40 hours of training per year, with some minimum number of hours spent on accounting or auditing subjects; and
  • To take an ethics course every other year, which in some cases must pertain to the specific ethics requirements of the relevant state board of public accountancy.

If a CPA does not meet the CPE requirements of the governing state board of public accountancy, there is usually a requirement to make up the missing training time. If this does not happen within a reasonable period of time, then the person's CPA certificate is revoked.

There are a number of ways to fulfill the CPE requirement. A person may take classes from a CPE provider that is registered with the National Association of State Boards of Accountancy, or which is registered with the applicable state board of public accountancy. These classes can take the form of online self-study training, online webinars, in-person training, and so forth. A recent change in the rules is nano learning, where extremely short courses are offered that grant fractions of a credit hour for course completion. Some proportion of a person's CPE hours can also be earned by teaching classes or writing relevant professional articles or books.

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What Do Direct Care Workers Say Would Improve Their Jobs? Differences Across Settings | The Gerontologist | Oxford Academic

What Do Direct Care Workers Say Would Improve Their Jobs? Differences Across Settings | The Gerontologist | Oxford Academic


OUP Academic

Purpose: The study's goals were to understand what changes in management practices would most improve the jobs of frontline workers from the perspective of workers themselves and to analyze differences across settings. Design and Methods: The baseline survey of direct care workers (N = 3,468) conducted as part of the National Study of the Better Jobs Better Care demonstration asked the following: “What is the single most important thing your employer could do to improve your job as a direct care worker?” We coded the open-ended responses and grouped them into categories. We then compared the percentages of workers recommending changes in these categories across settings and interpreted them in the context of previous conceptual frameworks. Results:  Across settings, workers called for more pay and better work relationships including communication; supervision; and being appreciated, listened to, and treated with respect. The fraction of workers calling for these changes and additional specific changes differed substantially across nursing facilities, assisted living facilities, and home care agencies. Implications: To increase retention of frontline workers, policy makers should design public policies and management practices to increase pay and to improve work relationships. However, specific strategies should differ across settings.

Investors Lose Out When Advisors Use Soft Dollars

by Adam Grealish @ Betterment

Often called “the investment industry’s answer to frequent-flyer miles,” soft dollar transactions allow managers to get luxury services, while investors foot the bill.

What to Do When You’re Itching to Invest in Bitcoin

by Adam Grealish @ Betterment

Cryptocurrencies like Bitcoin and Ethereum are hot. We have some thoughts on how to responsibly scratch your "crypto-itch."

How’d the Market Do? That’s Harder To Answer Than You Think

by Morgan Housel @ Betterment

In taxable investing, your after-tax return—the amount you “take home”—is what’s important. Yet far too many investors focus on market performance. Let’s look at the difference. Bill Gates once said, “You can achieve incredible progress if you set a clear goal and find a measure that will drive progress toward that goal.” So true! It’s […]

Advancing the Betterment Portfolio Strategy

by Alex Benke, CFP® @ Betterment

Betterment’s core portfolio strategy is based on Nobel Prize-winning research. We continually improve the portfolio strategy over time in line with our research-focused investment philosophy. Contributing Authors Lisa Huang Director of Quantitative Investing Dan Egan Director of Behavioral Finance At every stage of the investing process, Betterment holds to the same basic philosophy: We use […]

How Disciplined Will You Be in the Next Downturn?

by Dan Egan @ Betterment

Every investor should have a fire-drilled plan for the next market drop because anticipating your own behavior is part of what makes you a better investor.

Reporting on Google My Business Listings

by Mark @ Megalytic Blog

Digital marketers can strive to reach audiences around the world but they can also focus on the users right next door. For brick and mortar businesses, it’s mostly the latter. When your market is your own community, it’s your local website users that are the most important to understand and study. Reporting on local data […]

Do-it-yourself investors, go for direct plans for greater wealth creation

Do-it-yourself investors, go for direct plans for greater wealth creation


Moneycontrol

As direct plans do not incur distribution expenses, the savings made in total operating expenses remain invested with the fund, which then start generating returns.

Task Based Language Teaching (TBLT)

by MOHAMMED RHALMI @ My English Pages

What is Task-Based Language Teaching? Task-based language teaching (TBLT) is a type of instruction that relies on the use of authentic target language to do meaningful tasks. TBLT is also referred to as task-based...

The post Task Based Language Teaching (TBLT) appeared first on My English Pages.

The Senate Is Planning a Tax Hike on Retail Investors. It Should Be Removed.

by Jon @ Betterment

The Senate’s current tax bill includes a mandate that would be punitive for everyday investors. Without a doubt, the FIFO mandate should be removed from consideration.

An Example Facebook Report Template for Agencies

by Mark @ Megalytic Blog

A good Facebook report template can save your agency a lot of time and money while delivering real value that your clients will appreciate. Your agency manages Facebook Pages and advertising for clients. Maybe dozens, or even hundreds of clients. You are busy creating content, video, images for all those Pages. Not to mention promoting […]

What we do - Direct Conversion

What we do - Direct Conversion


Direct Conversion

Quite simply, where any application requires the highest resolution X-ray images as quickly as possible, our detectors provide the solutions

How do you Generate a Direct Download Link to Share a Dropbox File?

How do you Generate a Direct Download Link to Share a Dropbox File?


Zapier

Read or Download How do you Generate a Direct Download Link to Share a Dropbox File? from our How to Do Anything in Apps e-book for FREE and start learning today!

The difference between an invoice and a statement

by Steven Bragg @ Articles - AccountingTools

A customer may receive an invoice and a statement from a supplier. What is the difference between these two documents? When a seller issues an invoice to a buyer, the invoice is related to a specific sale transaction where goods or services were provided to the buyer. Since the invoice relates to a specific sale transaction, it itemizes all of the information the buyer needs to know in order to pay the seller, including:

  • Invoice number
  • Invoice date
  • Item description
  • Item price
  • Shipping and handling charges
  • Sales tax
  • Total amount payable
  • Remit to address
  • Payment terms and early payment discount terms (if any)

The intent of an invoice is either to collect payment from the buyer, or to create evidence of the sale (if payment was made in advance or in cash). If payment was made at the time of sale, the invoice is stamped "Paid" before issuing it to the buyer.

When a seller issues a statement, the document itemizes all invoices that have not yet been paid by the buyer, as well as partial payments. In this case, the intent is to remind the buyer that it has an obligation to pay the seller. Since the statement is more aggregated than an invoice, it provides less detailed information at the invoice level. It typically includes the following items:

  • Statement date
  • Invoice numbers
  • Invoice dates
  • Invoice totals

A more sophisticated statement will aggregate invoice totals by time bucket, so that overdue invoices are clearly shown.

Invoices are issued whenever a sale has been completed, so they may be issued every day and in significant quantities. However, statements are usually only issued at regular intervals, such as once a month, as part of a company's collection activities.

From the perspective of the buyer, the receipt of an invoice triggers an accounting transaction, which is an account payable. Conversely, the receipt of a statement is strictly informational - it does not trigger the creation of an accounting transaction.

It can be unwise to treat a statement as an invoice and pay items listed on the statement, since it is possible that the buyer already paid for those items, but the payment has not yet been reflected in the seller's accounting system. A better alternative for the buyer is to make inquiries about any invoices that are listed on the statement, and obtain more detailed information before issuing a payment.

There can be some confusion between the invoice and statement terms when dealing with credit card providers, since they issue a "statement" that is actually an invoice.

Related Courses

Bookkeeping Guidebook 
New Controller Guidebook 

How do I set up direct deposit?

How do I set up direct deposit?


Chime Banking - Support and FAQs

To set up direct deposit, provide your Chime routing and account number to your payroll or benefits provider. You can find this information under Move Money in the Chime mobile app. When setting u...

U.S. In Direct Contact With North Korea: 'We Do Talk To Them,' Tillerson Says

U.S. In Direct Contact With North Korea: 'We Do Talk To Them,' Tillerson Says


NPR.org

"We have lines of communications to Pyongyang," Secretary of State Rex Tillerson said. The State Department later said North Korean officials are not "ready for talks regarding denuclearization."

Inventory change

by Steven Bragg @ Articles - AccountingTools

Inventory change is the difference between the inventory totals for the last reporting period and the current reporting period. The concept is used in calculating the cost of goods sold, and in the materials management department as the starting point for reviewing how well inventory is being managed. It is also used in budgeting to estimate future cash requirements. If a business only issues financial statements on an annual basis, then the calculation of the inventory change will span a one-year time period. More commonly, the inventory change is calculated over only one month or a quarter, which is indicative of the more normal frequency with which financial statements are issued.

For example, if the ending inventory at the end of February was $400,000 and the ending inventory at the end of March was $500,000, then the inventory change was +$100,000.

The inventory change calculation is applicable to the following areas:

  • Accounting. Inventory change is part of the formula used to calculate the cost of goods sold for a reporting period. The full formula is: Beginning inventory + Purchases - Ending inventory = Cost of goods sold. The inventory change figure can be substituted into this formula, so that the replacement formula is: Purchases + Inventory decrease  - Inventory increase = Cost of goods sold. Thus, it can be used to slightly compress the calculation of the cost of goods sold.
  • Inventory management. The materials management staff uses the inventory change concept to determine how its purchasing and materials usage policies have altered the company's net investment in inventory. They typically drill down from the inventory change figure and review changes for each type of inventory (e.g., raw materials, work in process, and finished goods), and then drill down further to see where changes arose at the level of each stock keeping unit. The result of this analysis may include changes in ordering policies, the correction of faulty bills of material, and alterations to the production schedule.
  • Cash budgeting. The budgeting staff estimates the inventory change in each future period. Doing so impacts the amount of cash needed in each of these periods, since a reduction in inventory generates cash for other purposes, while an increase in inventory will require the use of cash.

The concept is also used in a general sense to keep track of the overall investment in inventory, which management may monitor to see if working capital levels are increasing at too rapid a pace.

Related Courses

Accounting for Inventory 
How to Audit Inventory 

CardUp raises $1.7M to help small businesses get more out of their credit cards

by Catherine Shu @ TechCrunch

CardUp, a Singapore-based startup that enables users to make large, recurring payments by credit card even to recipients that don’t accept cards, has raised $2.2 million SGD (about $1.7 million) led by Sequoia India and SeedPlus. This is CardUp’s first institutional investment round and will be used to expand its business serving small- to medium-sized […]

Lightspeed just filed for $1.8 billion in new funding, as the race continues

by Connie Loizos @ TechCrunch

Just a day after General Catalyst, the 18-year-old venture firm, revealed plans in an SEC filing to raise a record $1.375 billion in capital, another firm that we’d said was likely to file any second has done just that. According to a fresh SEC filing, Lightspeed Venture Partners, also 18 years old, is raising a record […]

Valuation account

by Steven Bragg @ Articles - AccountingTools

A valuation account is paired with an asset or liability account, and is used to offset the value of the assets or liabilities recorded in the account with which it is paired. The result of this account pairing is a net balance, which is the carrying amount of the underlying asset or liability. The "valuation account" term is a less-used phrase that has the same meaning as the contra account concept.

Examples of valuation accounts are:

  • Allowance for doubtful accounts (paired with the trade accounts receivable account)
  • Allowance for obsolete inventory (paired with the inventory account)
  • Accumulated depreciation (paired with the various fixed asset accounts)
  • Discount on bonds payable (paired with the bonds payable account)
  • Premium on bonds payable (paired with the bonds payable account)

The valuation account concept is useful for estimating any possible reductions in the values of assets or liabilities prior to a more definitive transaction that firmly establishes a reduction.

Valuation accounts are only used in accrual basis accounting. They are not used in cash basis accounting.

Similar Terms

A valuation account is also known as a valuation reserve or contra account.

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Third conditional lesson plan

by MOHAMMED RHALMI @ My English Pages

Third conditional lesson plan This is a third conditional lesson plan. It aims at presenting and practicing the form and use of the third conditional. It adopts a discovery procedure in teaching grammar and...

The post Third conditional lesson plan appeared first on My English Pages.

Cookie jar accounting

by Steven Bragg @ Articles - AccountingTools

Cookie jar accounting occurs when a business sets up excessive reserves in profitable periods and draws down these reserves during lower-profit periods. The intent is to give the impression that the organization generates more consistent results than is really the case. When investors believe that a firm is able to consistently meet its earnings targets, they tend to place a higher value on its stock. There is a greater temptation to use cookie jar accounting among publicly held businesses, since doing so can mislead analysts into issuing more favorable reports about them to the investment community. This approach to reporting earnings does not reflect actual results, and so can be considered fraudulent reporting.

Cookie jar reserves can be created either by over-estimating the more common reserves (such as for bad debts) or by taking large one-time charges for expected losses from one-time events, such as acquisitions or downsizings.

The term comes from the practice of using a “cookie jar” of reserves whenever needed.

Related Courses

Fraud Examination 
Fraud Schemes 
How to Audit for Fraud 

Price to book ratio

by Steven Bragg @ Articles - AccountingTools

The price to book ratio compares the current market price of a company's stock to its aggregate book value. When the ratio is excessively high, it can indicate that a company's shares are over-priced, especially when the ratio is high in comparison to the same calculation for other companies in the same industry. The calculation is:

Closing price of the stock ÷ (Total assets - Intangible assets - Liabilities)

Investors like to use the price to book ratio to search for undervalued companies, and invest in their stock in hopes of having the share price return to a more normal level over time. However, there are a number of issues with the ratio to be aware of, including the following:

  • The ratio could be low because the company has been mismanaged, in which case there can be no expectation that the ratio will improve over time.
  • The ratio could skewed too high because the company is using accelerated depreciation to write down the value of its fixed assets at an accelerated rate.
  • The company may have valuable intellectual property that does not appear on its balance sheet at all, but which is being recognized by investors through a high market price for its stock.
  • The company may be investing a large amount in research and development costs, which must be charged to expense as incurred, rather than capitalized. This tends to result in a comparatively low book value for the business.
  • The ratio is not overly useful when evaluating services firms and technology companies, since these entities have comparatively fewer fixed assets on their balance sheets.

Related Courses

Business Ratios Guidebook 
The Interpretation of Financial Statements 

Cook the books

by Steven Bragg @ Articles - AccountingTools

To cook the books means that the managers of a business are deliberately falsifying certain aspects of its financial statements to give investors a false impression of the true state of the business. Alternatively, they engage in business practices to enhance financial results that are technically legal, but which will have a negative impact on the business over the long term. A number of techniques can be used to cook the books, such as the following:

Falsification activities

  • Leaving the books open past the end of the month to record additional sales within the prior reporting period.
  • Not recording expenses in the reporting period, even though they clearly reflect resource consumption in the period.
  • Altering the terms of leasing arrangements so that the liability appears to be held by a third party, thereby keeping the liability off the entity's balance sheet.
  • Falsely recording pension liabilities lower than is really the case.
  • Setting up expense reserves, such as the allowance for doubtful accounts, that do not reflect the actual loss rate.
  • Recording consignment sales as though they are actual sales.
  • Taking a one-time charge that is set up as a "cookie jar," which can be used in subsequent periods to write off expenses and artificially inflate profits.

Business practices

  • Engage in channel stuffing to sell more goods to customers than they can realistically use.
  • Grant much higher credit levels to customers in order to boost sales, even though the customers may not be able to pay off the receivables.

Related Courses

Fraud Examination 
Fraud Schemes 
How to Audit for Fraud 

How do I add direct deposit information?

How do I add direct deposit information?


Parent and Babysitter FAQs - UrbanSitter Support

Before you can be paid for babysitting jobs by credit card and express interest in credit card jobs, you will need to add your direct deposit information to your account. When parents pay by credit...

What To Do When You Over-Contribute to an IRA

by andrewwestlin @ Betterment

IRAs have contribution limits. Advisors like Betterment help to prevent you from over-contributing, but if you have multiple IRAs, you can easily over-contribute without meaning to. Learn what to do if you unintentionally contribute more than this year’s limit.

What Tesla knows about the fatal Model X crash

by Megan Rose Dickey @ TechCrunch

Tesla has shed some more light on the fatal crash and fire involving a Model X car last week. In a blog post tonight, Tesla said it’s not yet clear what happened in the time leading up to the accident. Tesla also said it does not yet know what caused it. Tesla did note that, […]

Spoilt or Spoiled – What’s the Difference?

by admin @ Writing Explained

Differences between American and British English take several forms, including spelling. In most cases, these spelling differences don’t have an effect on the meanings of either word, and readers can still understand the author. Such is the case with our two words today. Spoilt is chiefly a British spelling, but, as we’ll find out below, ... Read more

The post Spoilt or Spoiled – What’s the Difference? appeared first on Writing Explained.

Achieving Presence: An Interview with Social Psychologist Amy Cuddy

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Author of the new book “Presence,” Amy Cuddy teaches us how to use simple techniques to liberate ourselves from fear in high-pressure moments, perform at our best, and connect with and empower others to do the same. Life is full of challenges, both personally and professionally. Today’s interview with Amy Cuddy is the perfect example. […]

With Regard To or With Regards To – Which is the Correct Spelling?

by admin @ Writing Explained

Prepositions link objects to other parts of a sentence. Usually, a preposition is one word, and a prepositional phrase contains the preposition and its associated object, like in the bathtub or outside the window. Sometimes, an entire phrase becomes a preposition, like with regard to. A prepositional phrase build on with regard to would follow ... Read more

The post With Regard To or With Regards To – Which is the Correct Spelling? appeared first on Writing Explained.

How do I setup direct deposit to my Spending Account?

How do I setup direct deposit to my Spending Account?


Qapital

If you didn't initially set up direct deposit when signing up for your Spending Account with your Qapital Visa® Debit Card, don't worry - you still can right in-app! Head to your Transfers tab and ...

Nonprofit accounting

by Steven Bragg @ Articles - AccountingTools

Nonprofit accounting refers to the unique system of recordation and reporting that is applied to the business transactions engaged in by a nonprofit organization. A nonprofit entity is one that has no ownership interests, has an operating purpose other than to earn a profit, and which receives significant contributions from third parties that do not expect to receive a return. Nonprofit accounting employs the following concepts that differ from the accounting by a for-profit entity:

  • Net assets. Net assets take the place of equity in the balance sheet, since there are no investors to take an equity position in a nonprofit.
  • Donor restrictions. Net assets are classified as being either with donor restrictions or without donor restrictions. Assets with donor restrictions can only be used in certain ways, frequently being assigned only to specific programs. Assets without donor restrictions can be used for any purpose.
  • Programs. A nonprofit exists in order to provide some kind of service, which is called a program. A nonprofit may operate a number of different programs, each of which is accounted for separately. By doing so, one can view the revenues and expenses associated with each program.
  • Management and administration. Costs may be assigned to the management and administration classification, which refers to the general overhead structure of a nonprofit. Donors want this figure to be as low as possible, which implies that the bulk of their contributions are going straight to programs.
  • Fund raising. Costs may be assigned to the fund raising classification, which refers to the sales and marketing activities of a nonprofit, such as solicitations, fund raising events, and writing grant proposals.
  • Financial statements. The financial statements produced by a nonprofit entity differ in several respects from those issued by a for-profit entity. For example, the statement of activities replaces the income statement, while the statement of financial position replaces the balance sheet. Both for-profit and nonprofit entities issue a statement of cash flows. Finally, there is no nonprofit equivalent for the statement of stockholders' equity, since a nonprofit has no equity.

Related Courses

Nonprofit Accounting 

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Writing Explained

Define Direct Object: Learn the definition of direct objects as a grammatical unit with example sentences & worksheets. What are direct objects? Find out.

Alcohol is a direct cause of seven ​​forms of cancer, finds study

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the Guardian

Analysis implicates alcohol in development of breast, liver and other types of cancer and says even moderate consumption is a risk

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Human resource accounting

by Steven Bragg @ Articles - AccountingTools

Human resource accounting involves the tracking of all costs related to employees in a separate report. These costs may include the following:

Such an accounting system can be used to determine where human resources costs are especially heavy or light in an organization. This information can be used to redirect employees toward those activities to which they can bring the most value. Conversely, the report can be used to identify those areas in which employee costs are too high, which may lead to a reduction in force or a reallocation of staff away from those areas.

A more comprehensive human resource accounting system goes beyond the simple tracking of employee-related costs, and addresses the following two additional areas:

  • Budgeting. An organization's annual budget includes a component, in which is concentrated all employee costs being incurred from across the organization. By concentrating cost information by its nature, management can more clearly see the total impact of human resource costs on the entity.
  • Employee valuation. Rather than looking at employees as costs, the system is redirected toward viewing them as assets. This can involve the assignment of values to employees based on their experience, education, innovativeness, leadership, and so forth. This can be a difficult area in which to achieve a verifiable level of quantification, and so may have limited value from a management perspective.

From an accounting perspective, the expense-based view of human resources is quite easy - employee costs from the various departments are simply aggregated into a report. The employee valuation approach is not a tenable concept for the accountant, since this is an internally-generated intangible asset, and so cannot be recorded in the accounting system.

Related Courses

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Our Evidence-Based Approach to Improving Investor Behavior

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Betterment’s rigorous testing helps to ensure that we know what works (and what doesn’t) when it comes to improving design and investor outcomes.

Questions You’re Asking Our Financial Advisors

by garrettoakley @ Betterment

Since the launch of Betterment’s messaging feature, which connects customers to our licensed financial professional, we’ve seen dozens of amazing questions come in.

How do I set up direct deposit?

How do I set up direct deposit?


Ticketleap

By setting up your payment method as direct deposit you will get your funds faster than if a check was mailed to you. Once you have set up direct deposit you will be asked to verify your account. C...

How Direct Objects Are Used in English Grammar

How Direct Objects Are Used in English Grammar


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Learn about how English grammar uses direct objects in clauses or sentences, plus see examples of usage.

The Economy’s Performance vs. the Stock Market’s Outcomes

by Morgan Housel @ Betterment

What the economy is doing today tells you very little about what the stock market might do tomorrow.

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