Furthermore, such businesses may have their loans fully forgiven if they maintain the same number of FTEs during the period for which they receive financial assistance. Make sure you don’t count in 1099 contractors since they are not considered employees. Now, if you would like to calculate FTEs company-wise, make sure you adhere to the … Read more
But in accounting, a deposit is a debit because it raises an asset. Understanding this difference is crucial for all financial analysis. This classification is based on the account’s role in the financial statements and ensures that financial transactions are recorded correctly. Before diving into the normal balance of an account, it is essential to … Read more
One of the policies you’ll want to design is how your business manages paid time off, overtime and other types of non-mandatory leave. An employee handbook is a compilation of your company’s policies and processes. It also includes the rules employees should follow and their legal rights. We believe everyone should be able to make … Read more
The price-to-earnings (P/E) ratio measures a company’s share price relative to its earnings per share (EPS). Often called the price or earnings multiple, the P/E ratio helps assess the relative value of a company’s stock. It’s handy for comparing a company’s valuation against its historical performance, against other firms within its industry, or the overall … Read more
