What Is Payroll A 2021 Guide To Processing Payroll 5

A Complete Guide to Simplifying Payroll Processing for Employers To ensure consistency in the payroll process, it is essential to have these policies pre-approved by the management. Since policy changes occur infrequently, there is no need to perform this step...

Proficient Back Office Support Services

I was extremely satisfied with how much my virtual assistant from Equivity was able to accomplish in just 5 to 10 hours a week. Our Google ads and Facebook ads have improved dramatically since working with Equivity‘s team and our placement costs have actually gone...

What Is a Petty Cash Fund? Purpose, Uses & Accounting

Sometimes, the petty cash custodian makes errors in making change from the fund or doesn’t receive correct amounts back from users. These errors cause the cash in the fund to be more or less than the amount of the fund less the total vouchers. When the fund is...

What Is a Statement of Shareholder Equity?

Additionally, we will provide practical examples to help illustrate how to calculate stockholders’ equity and interpret its key components in the context of real-world scenarios. A positive stockholders’ equity indicates that a company has sufficient assets to cover...

What is equity, and how do you calculate it?

To calculate equity on a balance sheet, the first step is to identify and quantify the company’s total assets. Increasing liabilities generally has a negative impact on equity. As liabilities increase, the value of the company’s obligations or debts increases, which...