Days Sales of Inventory DSI: Definition, Formula & Calculation

Think of DSI as a gauge that measures how quickly products move from warehouse to customer. In industries where trends are as fleeting as the latest app update, a speedy DSI is vital. It’s akin to having dsi accounting high-speed internet in a digital landscape — absolutely essential to stay competitive. If a company’s DSI […]


Contra accounts definition

The OID is calculated as the difference between the redemption price and the discounted issuance price. Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. When researching companies, the financial statement is a great place to start. Home Depot also devotes footnote 4 to its […]


Key Differences of Amortization vs Depreciation: Expenses and Value Calculation

The concepts of amortization and capitalization address the treatment of expenditures related to assets over time. Amortisation is an accounting term used to describe the act of spreading the cost of a loan or the cost of an intangible asset over a specified period of time with incremental monthly payments. This accounting function is to […]


Bookkeeper360 Review for August 2024 Best Bookkeeping Services

Bookkeeper360 offers the ability to create your own custom plan, and as such, the features you select depend on your company’s specific needs and business strategy. These include hands-on bookkeeping, tax services, CFO advisory support, and payroll/HR management. Unlike Bookkeeper360, however, Bookkeeper.com only works with businesses that use QuickBooks. With Bookkeeper.com, you can choose from […]