Search results “Purchase of an asset is”
Tally ERP 9-Capital Goods Purchase & Input Credit Adjustment GST Tally Part-12|Fixed Assets GST
Learn Purchase of Capital Goods and How to Set its Input Credit under GST in Tally. Learn Fixed assets purchase entries under gst. How to Post Fixed Assets Purchase Entry with GST in Tally ERP 9, All Options Explain with Detail, How to Pass Stat Adjustment Entries for GST Input Credit for Capital Goods, Learn What is the Accounting Treatment of Capital Goods in Tally, Learn All Accounting Entries for GST. It is Full Step by Step Tally Tutorial in Hindi. Must watch to master in tally accounting practical approach to work smartly. Learn Fixed Assets Management in Tally. What is Capital Goods under GST? How to Claim ITC on Capital Goods under This Tally Hindi Video Tutorial Based on Advance, Professional, expert Tally courses for GST Accounting in Tally. This is our free online tally course, we provide tally online classes so you can learn and study tally accounting online. It is Full Step by Step Tally Tutorial in Hindi. This Tally ERP 9 Video Tutorial Based on Advance, Professional, expert Tally accounting course. It is a Part of RSCFA Course run by Career Planet. 👉Watch All Videos on GST Accounting in Tally Day by Day – Part-1- Tally New Version for GST |How to Download and Install https://www.youtube.com/watch?v=SrW5yBYDryA 👉Part-2- GST Accounting Entries in Tally https://www.youtube.com/watch?v=ZHm5GIBlaF4 👉Part-3- Tally ERP9-GST Accounting Entries for Services in Tally https://www.youtube.com/watch?v=zuebaPA4lqU 👉Part-4-GST Accounting Entries for Reverse Charge on Purchase from Unregistered Dealer in https://www.youtube.com/watch?v=p2eWqPfsf_s 👉Part -5- Multiple Tax Rate Items in Single Invoice GST Accounting Tally https://www.youtube.com/watch?v=YYR99HReFx8 👉Part-6 HSN Code, GSTIN Number,Multiple Tax Rate Items in Invoice https://www.youtube.com/watch?v=Edm1m5oxrig 👉Part-7 GST Accounting with Debit Note, Credit Note, Discount Paid,Discount Receive https://www.youtube.com/watch?v=J91HxbW4Ss4 👉Part-8 How To Round off Invoice Value with GST in Tally https://www.youtube.com/watch?v=xoajErjQ5d4 👉Part-9 GST Entries for Manufacture, Production, Raw Material Consuming in Tally https://www.youtube.com/watch?v=_Pfc1IRTL-k 👉Part-10 GST Price Based Stock Item Tax Setup in Tally|GST Multi Tax Rate Slab https://www.youtube.com/watch?v=sBRzMSEVLSA 👉Part-11 GST Auto Tax Calculation and Cash Purchase or Sales Entries in Tally https://www.youtube.com/watch?v=82066d6661A 👉Visit Our Website: https://www.cpitudaipur.com 👉Visit Our Blog: https://cpitudaipur.blogspot.in/ 👉Like Our Facebook Page: http://facebook.com/cpitudr 👉Please Subscribe to Our Channel https://www.youtube.com/channel/UCSMsxXvvi-7XvygtsMWRBOg
What are the main sections of an asset purchase agreement?
Watch more videos of Harold Steinbach discussing how to buy and sell a business in New York and New Jersey at www.reellawyers.com/harold-steinbach/ Visit New York and New Jersey business attorney Harold Steinbach at http://www.steinbachesq.com/attorneys/harold-i-steinbach/
Views: 121 ReelLawyers
Property Plant and Equipment (capitalizing acquisition costs)
This video discusses the various costs that are capitalized (made an asset) when a firm initially acquires property, plant, and equipment. Examples are provide to demonstrate how the initial value of land, buildings, and equipment are calculated by including not just the purchase price but all costs necessary to prepare the asset for use. Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com To like us on Facebook, visit https://www.facebook.com/Edspira Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com To follow Michael on Facebook, visit https://facebook.com/Prof.Michael.McLaughlin To follow Michael on Twitter, visit https://twitter.com/Prof_McLaughlin This video was funded by a Civic Engagement Fund grant from the Gephardt Institute for Civic and Community Engagement at Washington University in St. Louis.
Views: 12726 Edspira
How to make Journal Entries (Video-3) (Journal Entries related to PURCHASE AND SALE OF FIXED ASSETS)
PLAYLIST: HOW TO PASS JOURNAL ENTRIES https://www.youtube.com/watch?v=UF6p5Ouuqug&list=PLVE_dFhGA23wqD8LM4Mkp4P-NW7ZIEcPI PLAYLIST: MICRO ECONOMICS https://www.youtube.com/watch?v=hrZzyemTtlc&list=PLVE_dFhGA23xQvMSRRCekLAe0OPcURYj6 PLAYLIST: ACCOUNTING EQUATION https://www.youtube.com/watch?v=IAZqYGks0cg&list=PLVE_dFhGA23zeHUNyW9R3gCWfc5IgxPZA PLAYLIST: RECTIFICATION OF ERRORS https://www.youtube.com/watch?v=6H3FpBHjzPE&list=PLVE_dFhGA23wjrFUpCAjYMzpnHAryyr5W This Video contains method of passing Journal Entries related to PURCHASE AND SALE OF FIXED ASSETS. It covers all the entries with reasons of debiting and crediting the accounts. This video will prove a great source of accounting knowledge who are beginners. Also to those who want to learn reasons of Debit and Credit of various accounts in different transactions.
Purchase Price in M&A Deals: Equity Value or Enterprise Value?
In this tutorial, you’ll learn why the real price paid by a buyer to acquire a seller in an M&A deal is neither the Purchase Equity Value nor the Purchase Enterprise Value… exactly. http://breakingintowallstreet.com/ "Financial Modeling Training And Career Resources For Aspiring Investment Bankers" Table of Contents: 4:29: Problem #1: The Treatment of Debt 8:03: Problem #2: The Treatment of Cash 11:45: Recap and Summary Common questions: “In an M&A deal, does the buyer pay the Equity Value or the Enterprise Value to acquire the seller?” “What does it mean in press releases when they say the purchase consideration ‘includes the assumption of debt’? Does that mean the price is the Enterprise Value?” The Basic Definitions Equity Value: Value of ALL the company’s assets, but only to common equity investors (shareholders). Enterprise Value: Value of ONLY the core business operations, but to ALL investors (equity, debt, etc.). So when you calculate Enterprise Value, starting with Equity Value… Add Items When: They represent other investors (Debt investors, Preferred Stock investors, etc.) or long-term funding sources (Capital Leases, Unfunded Pensions) Subtract Items When: They are not related to the company’s core business operations (side activities, cash or excess cash, investments, real estate, etc.) The Confusion The problem is that many sources say Enterprise Value is what it “really costs to acquire a company.” But that’s not exactly true – yes, sometimes Enterprise Value is closer, but it depends on the deal terms and the items in Enterprise Value. We know, WITH CERTAINTY, that if you acquire 100% of a company, you must pay for 100% of its common shares. So the Purchase Equity Value is sort of a “floor” for the purchase price in an M&A deal. But should you really add the seller’s Debt, Preferred Stock, and other funding sources, and subtract 100% of the seller’s cash balance to determine the “real price”? There are many problems with that approach, but we’ll look at two of them here: PROBLEM #1: Does Debt really increase the purchase price? It depends, because debt can be either “assumed” (kept) or “refinanced” (replaced with new debt or paid off). Debt is Assumed: Does not increase the amount the buyer “really pays” for the seller. Debt is Repaid with the Buyer’s Cash: Does increase the amount the buyer “really pays”. Existing Debt is Replaced with New Debt: Increases the amount the buyer “really pays,” but the buyer still isn’t paying more cash. PROBLEM #2: Does Cash really reduce the purchase price? A buyer can’t just “take” a seller’s entire cash balance following a deal – all companies need a certain “minimum cash balance” to keep operating, paying the bills, etc. That portion of cash is actually a core business operating asset. Enterprise Value: As a simplification, we ignore the minimum cash and subtract all cash instead. So if a company operating by itself always needs some minimum amount of cash, it certainly still needs a minimum amount of cash in an M&A deal. Other Complications Transaction Fees: These always exist, and will always increase the price the buyer pays (lawyers, accountants, bankers, etc.). Unfunded Pensions, Capital Leases, etc.: These don’t necessarily have to be “paid” or “repaid” upon change of control… so they may not even affect the price, even though they factor into Enterprise Value. Extra Cash: What if the buyer’s cash + seller’s cash are used to fund the deal? Then the real price paid may not even be comparable to the seller’s Equity Value or Enterprise Value. The Bottom Line You have to distinguish between the *valuation* of a company or deal and the *actual price paid*. Equity Value and Enterprise Value are useful for valuation, but less useful for determining the real price paid. The real price paid may be between Equity Value and Enterprise Value, above them, or even below them, depending on the terms of the deal – due to the treatment of debt and cash, fees, and liabilities that don’t affect the cash cost of doing the deal. When you see language like “Including assumption of net debt,” that means the approximate Purchase Enterprise Value for the deal, because they are calculating it as Purchase Equity Value + Debt – Cash. But it’s still not what the buyer actually pays – it’s just a way to value the deal and get multiples like EV / EBITDA. RESOURCES: https://youtube-breakingintowallstreet-com.s3.amazonaws.com/108-10-Purchase-Price-MA-Deals.pdf
[Robert Kiyosaki] 4 Assets that make people Rich
Subscribe for more great videos, or check out: www.SRPL.net ========================== My poor dad always told me to me go to school and get a high-paying job. That’s not creating wealth. That's a job. My rich dad on the other hand always says work for assets. There are basically 4 asset classes that makes a person rich. Number 1 is Business. The richest young guys today start companies. Some great examples of this are Facebook, Google, Apple, etc. Number 2 is real estate. What my rich dad taught me is the combination of being an entrepreneur in business and an entrepreneur in real estate. Now due to this combination, I pay no tax and I make a lot more money. The 3rd asset is Paper. Savings in gold, papers like stocks bonds mutual funds are liquid. You make a mistake, you can get in and out real quick. The last asset is Commodities and this is why I own oil because in the U.S. if you deal in oil, you get tax breaks. So oil is very profitable. ========================== Subscribe for more great videos, or check out: www.SRPL.net
Views: 1826791 Success Resources
The $7 Asset Everyone Can Afford
http://www.ThisIsStep2.com After reading Robert Kiyosaki's "Rich Dad, Poor Dad", and "The Cashflow Quadrant", I started helping people to actually make money online and make money on the internet. I made the video "The ONE Thing That The RICH BUY That The Poor and Middle Class Don't" which has gone viral: https://www.youtube.com/watch?v=oI2YFX0zDII For more information and to get the 4-day ecourse: http://www.SolopreneurSchool.com/optin To get more life-changing ideas about money and time, or you just want to be successful in this area, click the link. If you've ever wanted to learn how to grow an internet business and create a new life, then you must start here. Robert Kiyosaki's "Rich dad, Poor Dad" is responsible for a lot of the ideas in this video, along with Tim Sales' video "What The Rich Buy On Payday". If you've ever watched anything by Eric Worre of Network Marketing Pro fame, then you'll know that Bones Rodriguez and he used to work together. An actor, author, and entrepreneur, John "Bones" Rodriguez helps people create assets and make money online. https://www.youtube.com/watch?v=oI2YFX0zDII http://www.youcantmissthis.com/2016/09/this-is-step-1-what-wealthy-buy-that.html https://www.facebook.com/YouCantMIssThisBlog/posts/955804811218325 I do some speaking occasionally to different groups of people who would like their circumstances to change. The problem is that circumstances usually don't change until the people in the circumstances change. Which means that the only way to change your circumstances is to change yourself. The information in these few pages will only take 10 minutes to read, but has drastically changed my life's circumstances, and it can do the same for you if you take action on the information. The only difference between what you have and what you want is APPLIED KNOWLEDGE. This booklet will be the knowledge, but YOU have to apply it. NEW WORDS There might seem to be a lot of differences between the rich, the poor, and the middle class, but what if I told you that there was only one idea that the rich use that the the other two do not, that makes all the difference? It’s so simple but so important that when I finally understood it, it changed my life forever. I'm going to open your eyes and show you exactly what I mean, and you’ll see why the rich get richer, the poor get poorer, and the middle class are getting squeezed out. It’s not about what they do, but what they BUY. I want to make this as simple as I can, but to start I want to give you a few definitions of four important words. (When I first heard these, I thought I knew them, but it turns out I was wrong) The words are: Income- which means money you bring in Expenses- which means money you spend These two words are used by the rich, poor, and middle class, but it’s these next two that I thought I knew, but blew my mind: Liabilities- Something that costs you Assets- Something that pays you. Before, I thought an asset was something you own, like a house, a car, or something expensive. But the rich have a different definition of Assets, and this is the one we’ll be working with: “Something that pays you” Usually, people call their house an asset, and if you ask an accountant, they’ll tell you it is, but if you use these definitions, it can also be a liability, right? A house you own but live in COSTS you money, so it’s a liability. BUT, a house that you rent to other people and make money from is an ASSET. So, a quick review: Income is money you make Expenses is money you spend Liability cost you money Assets pay you money. THE RICH Instead of buying STUFF and liabilities with their money, the wealthy buy ASSETS. Again, an ASSET is something that PAYS you. This blew my mind when I heard it because I had no idea that you could even do that… BUY something that PAYS YOU? https://www.ThisIsStep2.com
Views: 410304 Bones Rodriguez
The ONE Thing Rich Buy that Poor and Middle Class Don’t
Rich dad Poor dad: https://amzn.to/2EupdL4 Cashflow Quadrant: https://amzn.to/2JqhtO2 Website: https://primedlifestyle.com/ Instagram: Primed How to build a passive income business via Amazon (FBA) https://www.youtube.com/watch?v=Akh70SQ6X54 REIT https://money.usnews.com/investing/slideshows/the-10-best-reit-etfs-on-the-market?slide=2 https://www.investopedia.com/articles/investing/060315/top-5-highestpaying-dividend-reits-2015.asp Best Crowdfunding sites https://fitsmallbusiness.com/best-real-estate-crowdfunding-sites/ http://www.richdad.com/Resources/Rich-Dad-Financial-Education-Blog/December-2017/the-financial-statement-foundation-for-being-rich.aspx If you want to be be rich, there is one simple rule that will make you financially independent if you follow it. It’s rule number one and the only rule you really need to know and is also the sole reason for why the rich gets richer, the poor gets poorer and the middle class struggles. So one of the reasons the rich gets richer, the poor get poorer, and the middle class struggles in debt is that the subject of money is taught at home, not in school. Schools will never teach how to make money work for people, but it does a good job in qualifying people to work for money. The basis of this video comes from Robert Kiyosaki and his best selling books on personal finances “Rich dad poor dad” as well as “the cashflow quadrant” and I highly recommend you to check these out to learn more about it. The reason why the rich gets richer while the poor and middle class struggles comes down to their personal balance sheet and income statements. Their income matches their expenses no matter how many pay raises they get, and their liabilities will only grow larger leaving the asset column untouched. So rule number one and the only rule you need to know: Know the difference between an asset and a liability, and buy assets. That’s it. Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets. The rich get richer because they invest their income into their asset column which over time will only generate more income until their assets cover their expenses completely and they are out of the rat race. And the assets will only grow, hence the income it produces grows with it making the rich get even richer. So what are some of these assets that rich people buy that will keep them rich? Well I’m actually gonna give you best ones right now. So the four asset classes are real estate, owning a business, paper assets and commodities. Music: Life of Riley by Kevin MacLeod is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/) Source: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1400054 Artist: http://incompetech.com/
Views: 132820 Primed
M&A Deal Structure - Common Issues in Mergers & Acquisitions
M&A Deal Tips #1: Here's a brief description of the three basic types of deal structures for buying and selling a business — a stock purchase transaction, an asset purchase transaction, and a statutory merger transaction — and which is best for buyer and seller. By Massachusetts M&A Attorney Scott Bleier. (http://www.mbbp.com/attorneys/bleier_scott.html) Three alternatives exist for structuring a transaction: (i) stock purchase, (ii) asset sale, and (iii) merger. The acquirer and target have competing legal interests and considerations within each alternative. It is important to recognize and address material issues when negotiating a specific deal structure. Certain primary considerations relating to deal structure are: (i) transferability of liability, (ii) third party contractual consent requirements, (iii) stockholder approval, and (iv) tax consequences. For more resources on M&A transactions, please see: Mergers & Acquisitions Practice http://mbbp.com/practices/mergers-acquisitions See also: Top Ten Issues in M&A Transactions http://mbbp.com/news/issues-in-ma-transactions
Tutorial for Depreciation Class 11 (Purchase of an Asset) in Hindi | Shrinivas Bhatt | Offclasses
Depreciation Class 11 (Purchase of an Asset) This is the basics of Depreciation. Part 2 coming soon. You can comment down all your doubts. We are always open for suggestions. Link to Assignment: https://drive.google.com/open?id=0B-D-lvjJCHAeSHNhSm1oMEFhUVk
Views: 3528 Offclasses
[#3]Depreciation -  Machinery a/c [Purchase of 3 Machinery & sale of 2 Machinery]  :- by kauserwise
▓▓▓▓░░░░───CONTRIBUTION ───░░░▓▓▓▓ If you like this video and wish to support this kauserwise channel, please contribute via, * Paytm a/c : 7401428918 * Paypal a/c : www.paypal.me/kauserwisetutorial [Every contribution is helpful] Thanks and All the Best!!! ─────────────────────────── Here is the video for Depreciation of Machinery account with purchase of 3 machinery and sale of 2 Machinery, in that how to Prepare Depreciation on machinery account with 3 different date of purchase of machinery and we saw that one machinery for loss on sale and another one for Profit on sale, hope this will help you to get the subject knowledge at the end. if you like this please like, comment, share and subscribe. Thanks and All the best. To watch more tutorials pls visit: www.youtube.com/c/kauserwise * Financial Accounts * Corporate accounts * Cost and Management accounts * Operations Research Playlists: For Financial accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnojfVAucCUHGmcAay_1ov46 For Cost and Management accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnpgUjlVR-znIRMFVF0A_aaA For Corporate accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnorJc6lonRWP4b39sZgUEhx For Operations Research - https://www.youtube.com/playlist?list=PLabr9RWfBcnoLyXr4Y7MzmHSu3bDjLvhu
Views: 71620 Kauser Wise
10 Most Expensive Virtual Items Ever Sold
WATCH MORE VIDEOS LIKE THIS ONE HERE: 10 Real Life Deaths Caused By Video Games: https://www.youtube.com/watch?v=5ocEO9e0Q1M How Rich Is Bill Gates?: https://www.youtube.com/watch?v=IvRM4fHKTQI 10 Things You Didn't Know About Mario: https://www.youtube.com/watch?v=m00fjQthy04 Visit our site: http://www.TopTrending.com Like us on Facebook: https://www.facebook.com/TopTrending Follow us on Twitter: https://twitter.com/TopTrending Subscribe to Plethrons: http://www.youtube.com/user/plethrons Commentary by: https://www.youtube.com/user/BaerTaffy Music: 10 Most Expensive Virtual Items Ever Sold
Views: 9111252 Top Trending
Crazy Things Mayweather Bought With His Prize Money
top 10 most ridiculously expensive items Floyd Mayweather bought Subscribe to TheSportster http://goo.gl/mZKUfd For copyright matters please contact us at: [email protected] Floyd Mayweather is not shy with his money. The undefeated boxer has spent years living lavishly, earning millions of dollars, and using that money to live the best life possible. All along the way, Mayweather has purchased some very expensive items and things that people could only dream about. Not only did Mayweather spend millions on a sports car, but it is deemed one of the most expensive cars in the world. Mayweather loves to gift loved ones and that’s likely what he did when he spent hundreds of thousands of dollars on Hermes Alligator bags. Mayweather loves to travel around in style and that’s exactly what he did when he ordered the Mercedes party bus for him and his crew. When he’s not boxing, Mayweather is living it up a huge mansion that he has dubbed “The Big Boy Mansion”. One of the most expensive pieces of paper that Mayweather owns is his own contract which he played hundreds of thousands of dollars to get. When you’re as rich and famous as Mayweather, you have the ability to purchase and maintain your own private jet. Over a million dollars has also been poured onto his wrist in the form of an extremely expensive Hublot watch. More jewelry has also been purchased by Mayweather, including over $10 million worth to help celebrate the new year. When Mayweather wants to travel, he has the option of visiting his million dollar Miami penthouse. Mayweather also owns two extremely expensive Bugatti vehicles. Watch to see these expensive purchases and how Mayweather spends his millions of dollars! For more videos and articles visit: http://www.TheSportster.com
Views: 3130414 TheSportster
Top 10 Ways to Earn Passive Income I'm doing it right now!
I give you 10 ways to earn passive income. I'm currently doing it in 5 of the ways, and plan to experiment with the rest over the next few years. Here they are: Teach Online Courses: Many of you know that I have a number of online courses that I sell on sites such as Udemy.com, Skillfeed.com, or Skillshare.com. I began in October 2012, and it has been my most successful form of earning passive income. I’ve made tens of thousands of dollars from selling courses. This money has helped pay for a car in cash, go on vacation to the Philippines, pay down student loans, buy an engagement ring, have a wedding, and lots more! Sell eBooks on Amazon: I started selling two eBooks on Amazon in October, 2014. One is about Teaching Online courses, and the other is about starting a Freelance Business. Since launching, they continue to sell about 5 copies per day. Averaging an extra $100 per month is amazing! Start a YouTube channel: A while back, YouTube started allowing anyone to become a partner and put ads on their videos. I know that you hate having to watch ads on YouTube, but on the other side of those ads is a creator who is trying to make a little bit of extra income through their hard work. I have two channels that bring in some extra dough each month - my Video School Online channel & my Cat Video channel. The cat channel video is making about $6 a month. It’s not a huge amount, but it does pay for a new toy or treat for our dear Zorah each month! Cat YouTube Channel Earnings Become an Affiliate: If you have a website that contains useful information to viewers, you can put affiliate ads on the site. When someone clicks on those links and purchases something, you make a little bit of information. For example, on my resources page, I share some of my favorite resources including ThemeForest (where I purchase web themes from). I love sharing their website because I truly believe in them, and use them. It also helps the viewer out who is wanting to build their own website. And I get a few bucks when someone clicks through that link and buys something. You can become an Affiliate for most websites. Just scroll to the bottom of the website, and in the footer is usually a link for ‘affiliates’ or ‘partners.’ Investing for Retirement: From a young age, I have always been smart about money. I remember being a teenager and keeping money in an Etrade account and investing in General Electric. This was my first retirement account. Now, I try to put away any extra money (mostly money made passively from the above methods) into retirement accounts and other investment accounts. Now, I’m not a financial advisor, so take everything I say with a grain of salt. But I think it’s really important to start saving now (or as early as possible). If you’re not already saving, it’s too late. Why is this passive income? Investing is literally the easiest way to make passive income. On average, the markets have increased about 7% since the beginning of the stock market. So each year, you can average about 7% returns. Adjusting for inflation, this may be closer to growing your money 3-5%. So if you have $100,000 in savings, you make an extra $7,000 per year. But you don’t have to start there. Start with $100. You’ll make about $7 on an average year. And grow from there. The next 5 ways include: Rental Properties Website Ads Selling Stock Photography App Creation Drop Shipping Please subscribe to the channel and leave a comment below! Video School Online: http://www.videoschoolonline.com Courses: http://www.videoschoolonline.com/course-library/ Twitter: http://www.twitter.com/philebiner Facebook: http://www.facebook.com/videoschoolonline
Views: 1184666 Video School Online
Cash Is NOT King! Get Rich Fast with Cash Flowing Assets | Epic Real Estate Investing
http://EpicProAcademy.com In order to effectively invest in your financial future, you must understand this basic distinction: the difference between cash and cash flow. If your focus has been saving piles of cash, this episode of Financial Freedom Fridays will shift your priorities! Matt will explain why cash is no longer king, and he will show you how to generate and protect your wealth in this new economy. What You'll Learn: - When cash stopped being king and was replaced by cash flow. - Why living off of the interest of your savings is no longer a viable strategy for wealth maintenance. - Why consumers are punished for participating in the economy. - How to protect your wealth should there be a currency collapse. - Why you should invest in asset classes that are essential to the economy; and - How to identify these classes. - The importance of understanding the mindset of different economic classes. - Where the poor, middle class, and rich spend most of their money. - How to use compounding education to increase your likelihood of achieving financial freedom. - The difference between making piles of money and making streams of money. Helpful Resources: http://EpicRealEstate.com http://CashflowSavvy.com http://EpicProAcademy.com http://FreeRealEstateInvestingCourse.com http://EpicREI.tv Epic Real Estate Investing shows people how to invest in real estate and achieve financial freedom so they can retire in the next three to five years. YLH39785 For more details please visit Our Website - https://epicrealestate.com For Appointments: Message : www.facebook.com/EpicRealEstateInvesting or 1-888-891-7203 Call To Day : +1 213-587-0084 Email: [email protected] Address : Los Angeles, USA LET'S CONNECT! iTunes Episode - https://itunes.apple.com/us/podcast/epic-real-estate-investing/id446611090?mt=2 Facebook - https://www.facebook.com/EpicRealEstateInvesting Twitter - https://twitter.com/EpicREInvesting Instagram - https://www.instagram.com/epicrealestate Google Plus -https://plus.google.com/+EpicRealEstateInvesting
Purchasing and Procurement: What's the difference? How do they contribute to the supply chain?
To download slides: http://www.slideshare.net/IIRME/webinar-purchasing-and-procurement-whats-the-difference To download materials: http://assets.informa-mea.com/Sites/iirme.com/Webinars/Purchasing%20and%20Procurement%20Whats%20the%20difference/Purchasing%20and%20Procurement%20Whats%20the%20difference%20Questions%20Answered.pdf For other Informa Webinars: http://www.informa-mea.com/webinars In the business world, the practice of using similar terminology seems to work, although it can sometimes be a little confusing. Many people use the terms purchasing and procurement interchangeably, but despite their apparent similarities they do have different meanings. This webinar aims to clarify any confusion between these two related, yet different, business cousins and put them into the supply chain context. The webinar will also help you look at the supply chain as a strategic management function that exists to add to the competitive advantage of your business. The Speaker Ian Moody has over 30 years of business experience ranging from senior management positions, in such companies as Ericsson to founding and selling his own companies. Ian designs and delivers training programmes globally with particular attention to the GCC nations. He works in many fields including both accredited and non-accredited courses. Ian divides his time equally between the Middle East and the UK. In the UK Ian is a lead professor at London Met University and the University of West London specialising in working with students to gain their membership to the Chartered Institute of Procurement and Supply. Check out Ian Moody's Training Courses & Webinars: Training Courses: Chartered Institute of Procurement and Supply (CIPS) – Diploma In Procurement And Supply Exam Preparation Unit 1 - Contexts Of Procurement And Supply Unit 2 - Business Needs In Procurement And Supply Unit 3 - Sourcing In Procurement And Supply Unit 4 - Negotiating And Contracting In Procurement And Supply Unit 5 - Managing Contracts And Relationships In Procurement And Supply For more information, please visit: http://www.informa-mea.com/Training/CIPSdiploma Certificate In Risk Management In The Supply Chain For more information, please visit: http://www.informa-mea.com/Training/procurementrisk Certificate In Financial Tools In Procurement For more information, please visit: http://www.informa-mea.com/Training/procurementfinance FREE Webinars: Specification – A Guide To Writing Good Specifications Recording: https://youtu.be/SavIHSDaIqM Slide: http://www.slideshare.net/IIRME/webinar-specification-a-guide-to-writing-good-specifications Purchasing and Procurement: What's the difference? How do they contribute to the supply chain? Recording: https://youtu.be/WAtDKK_uMgk Slide: http://www.slideshare.net/IIRME/webinar-purchasing-and-procurement-whats-the-difference Materials: http://assets.informa-mea.com/Sites/iirme.com/Webinars/Purchasing%20and%20Procurement%20Whats%20the%20difference/Purchasing%20and%20Procurement%20Whats%20the%20difference%20Questions%20Answered.pdf Why Sustainable Supply Chains Make Business Sense Recording: https://youtu.be/xLz_o99dyuc Slides: http://www.slideshare.net/IIRME/wb017-why-sustainable-supply-chains-make-business-sense-slides
Views: 70569 Informa Middle East
IFRS 3 Business Combinations - Summary
http://www.ifrsbox.com This is the short summary of IFRS 3 Business Combinations. The objective of IFRS 3 is to improve the relevance, reliability and comparability of the information that a reporting entity provides in its financial statements about a business combination and its effects. IFRS 3: • Recognizes and measures the identifiable assets acquired, the liabilities assumed and any non-controlling interest in the acquiree; • Recognizes and measures the goodwill acquired in the business combination, or a gain from a bargain purchase; • Determines what information to disclose about the business combination. An investment must constitute a business before we can apply IFRS 3. IFRS 3 requires application of the acquisition method for each business combination. 4 steps: • Step 1: Identifying the acquirer, • Step 2: Determining the acquisition date, • Step 3: Recognizing and measuring the identifiable assets acquired, the liabilities assumed and any non-controlling interest in the acquiree; • Step 4: Recognizing and measuring goodwill or a gain from a bargain purchase. If you’d like to learn how to consolidate, or anything about IFRS in general, please visit http://www.ifrsbox.com and subscribe to our free IFRS mini-course. Thank you!
Views: 92593 Silvia M. (of IFRSbox)
Asset-Based Financing Options for Businesses
http://www.driveyoursuccess.com Video explaining asset-based financing options of factoring, purchase order financing and inventory financing
Views: 6526 Ian Johnson
What is an asset purchase agreement?
What is an asset purchase agreement? | Sheryl Hunter | Hunter Business Law | We help your business | Request Consultation | 813-867-2640 | http://www.hunterbusinesslaw.com/ | [email protected] | 119 S Dakota Ave , Tampa, FL 33606 An asset purchase agreement refers to a document that says one party is going to buy the assets of the other party. Typically, this comes at in a situation where a business is selling it's assets to a buyer. A lot of times when people sell their business, it's actually the assets that are being purchased by the buyer, not the business entity itself. There's a lot of tax and liability reasons why most buyers prefer to buy the assets of a company in supposed to buying the company shares and membership units. The asset purchase agreement basically just documents the purchase price, when is the closing date, what is it they're exactly purchasing, when is this all going to happen, whether the seller is going to stay on to provide training and transition services. These documents can be anywhere from five pages to 50 pages or more depending on how complex the transaction is.
Views: 125 Hunter Business Law
The Truth About Buying a Lamborghini (How to REALLY Afford a Lamborghini)
The truth about how people can afford to buy Lamborghini's... ►► Download Our Free Ebook: http://wholesaleted.com/4-step ►► How to Start a Dropship Store for $50: https://youtu.be/ZY4HQKhRfpo The truth is, spending $200,000 on exotic cars like Lamborghini’s is a terrible investment. Why? It’s a depreciating asset! Instead, there are loads of other smarter investments you can make with your money, like a rental property - and earn a 10% return each year. Depreciating car? Or a 10% return each year? Come on, I know which choice most people would make. However, there is an exception: buying a Lamborghini on FINANCE. I have several friends who are successful in business - and this is exactly how they purchased theirs. How did they do it? Well, they used this simple strategy... 1)Take $200,000 of their cash, then set aside $40,000 of it to be a 20% deposit on the car (or whatever the minimum deposit is) 2) Secure a low-interest 2% loan from the bank for the rest of the $160,000 3) Take the other $160,000 they have, and purchase a rental property with it, or invest into another asset. And the proceeds of that asset help to pay off their car too. Sort of like having your cake and eating it. You might think this is possible if you just get a good job and raise $40,000 in a few years, but there’s the twist: if you’ve got a job, banks won’t lend you the rest of the money. Banks only loan you as much as you make in a year, so to loan $160,000, you’re going to need to earn $160,000. And there are very few jobs that earn this much. Quite frankly, this is a classic example of how the “rich get richer.” People who earn less have to waste more of their savings on their deposit, losing out on extra money earned by investing it into an appreciable asset. Whereas, those with more money get to invest LESS, and widen their income gap further by getting to invest more of their leftover money into other assets. So yes, while you can save up to buy a Lamborghini with a job, most people wouldn’t spend their money that way. Luckily, there’s another way...START YOUR OWN BUSINESS. When it comes to owning supercars, the only people I know who own these are entrepreneurs and business owners. With jobs, there always an earning cap - since you exchange your time for money. And with only so many hours in a day you can work, once you’ve given all of them, that’s it - you’re sold out. However, with business, you make money through buying OTHER people’s time, then use those people to earn passive income. One business we teach subscribers on our channel is Dropshipping. In case you don’t know, Dropshipping is when you open an online store, but you don’t need to purchase any items in-advance - as you only pay for the item AFTER the customer purchases. Instead of buying stock in advance, you purchase each item individually from a manufacturer who is willing to ship it to your customer for you. Your job is to list the item at a mark-up price on your website, then when you’ve purchased it from the manufacturer, you keep the difference as profit. At the start though, you’ll have to give up your free time to set up the store. And it may take a while to start making money since there’s also a learning curve. PLUS, you’re going have to start your business with your own money. And so most people would look at this, and rather spend their evenings doing something like watching Netflix. So, they either give up, or never even try to start their own business. But there’s people like Reynard, who doesn’t give up, spends his time and money, and doesn’t stop until he’s built a successful, profitable store. And its people like Reynard that will one day have the money to buy their own Lamborghini. How? Let’s say Reynard spends 1-2 hours each day growing his store until it’s making $5,000 a month. He can then go and take $1,500 of that money and hire someone to run the store for him each month instead. Now he’s making $3,500 a month - PASSIVELY. Even as he sleeps, customers come in and purchase items from him. But he doesn’t stop there. Now he’s outsourced the running of his store to an employee, he uses the time he’s gained to build ANOTHER store. Faster this time, as there’s no learning curve and he can just follow the formula he developed. And he builds THAT store up to $5,000 a month. What do you think he does next? Yep, he repeats the process again…and again…and again. Reynard has escaped the trap of spending his time to make money. Instead, he uses MONEY to make MONEY by finding OTHER people willing to exchange THEIR time to earn money. The reality is, if you’d like a Lamborghini, then a job isn’t going to get you it. Instead, invest your free time wisely to grow and start a business that can turn into a passive income source. So, one day, you’ll be able to get your very own Lamborghini.
Views: 80680 Wholesale Ted
Asset Purchase of Business - Fairfax Business Attorney | Fairfax Virginia
http://www.gross.com The sale and purchase of the assets of a business is explained by Edward Gross, partner at the law firm of Gross & Romanick located in Fairfax, Virginia. He discusses the legal process including due diligence, lien search, lease assignment, the asset purchase agreement, bulk sale transfer notice, non-compete agreements and the closing. If you're in the Washington DC area consider giving us a Call at 703-273-1400 or visiting http://www.gross.com! or send an e-mail to [email protected] Business lawyer Fairfax, Virginia: http://gross.com/fairfax-virginia-lawyers/business Virginia Registered Agent: http://gross.com/fairfax-virginia-lawyers/virginia-registered-agent Gross & Romanick, P.C. 3975 University Drive Suite 410 Fairfax, Virginia 22030 Video by: http://www.gross.com
Why Owning The Home You Live in is a Terrible Investment
Why Owning The Home You Live in is a Terrible Investment Before you start sending me hate mail just hear me out on this one. Many of the most successful investors I know rent the home they live in. Why? Because owning the home they live in is a terrible investment. You don't get the tax benefits, you must keep the property fixed up, and there's problem with using a huge chunk of change for a down payment. Let me know your thoughts below! VIDEOS ABOUT GETTING STARTED IN REAL ESTATE https://www.youtube.com/playlist?list=PLZdhTWJ6Yawp1LPllyyeQho_ouMhrbOy6 VIDEOS ABOUT REAL ESTATE NEWS https://www.youtube.com/playlist?list=PLZdhTWJ6Yawp7aUQgMPmAanHSYgP-UI0i SUBSCRIBE AND JOIN OUR AWESOME COMMUNITY: https://www.youtube.com/c/MorrisInvest BOOK A CALL WITH OUR TEAM TODAY AT MORRIS INVEST: http://www.morrisinvest.com LISTEN TO THE PODCAST: iTunes: https://itunes.apple.com/us/podcast/investing-in-real-estate-clayton/id1115024566?mt=2 FOLLOW ME ON SOCIAL MEDIA: Twitter: http://www.twitter.com/claytonmorris Facebook: https://www.facebook.com/MorrisInvest Instagram: https://www.instagram.com/claytonmorris
Views: 86171 Morris Invest
Cloud Accounting Course - Chapter 7/10 - Recording Asset purchase
Buying and Selling Assets happen in the due course of business, We will have to record these transactions in the Accounting Software along with the depreciation at the year end close. In this section, lets learn how Asset Purchases can be recorded in Reach Accounting Software Learning Objectives: • Record an Asset Purchase in Reach • Record as Asset Sale in Reach • Record Depreciation in Reach Recording Asset Purchase When you buy a Fixed Asset, like machinery, furniture etc you incur ancillary expenses on it life transport, insurance, registration etc All the expenses incurred till the point such asset is put to use is capitalised and added to the cost of the asset. This cost needs to be recorded in the Accounting Software. In this section, we will explain how this needs to be recorded. Recording Asset Sale When an Asset is sold, the receipt needs to be recorded in the software and any profits arising thereof recorded. This section deals with how this needs to be recorded in the Accounting Software Recording Depreciation Depreciation is recorded in the software while doing the year end processing. This needs to be recorded at a fair percentage calculated according to the wear and tear or according to the prescribed laws. This section will teach you how depreciation is recorded in Reach Accounting Software
Views: 32 Reach Accountant
9 Hidden Charges while Buying a Property in India
Know about these hidden charges while buying a property in India. All under construction property extra charges in India, explained in Hindi - Basic Cost, PLC, Parking Charges, Power Back-up, EDC, IDC, Maintenance Charges, Club House, GST, Stamp Duty and Registration Charges. Related Videos: Carpet Area: https://youtu.be/sjv7XMUQzgE Stamp Duty and Registration: https://youtu.be/_gQvb4sRMYI RERA: https://youtu.be/UclZYjjxKco GST in Real Estate: https://youtu.be/VllKBBddhuo EDC IDC Infrastructure Charges: https://youtu.be/Ui99w8yHUfk Under Construction, Resale Flat or Ready to Move Property: https://youtu.be/_bi-3ZlQCk0 Know how to buy property in India, how to book a Builder Floor/ flat in India, how to register a property in India and how to check real estate documents. जानिए इन हिडन चार्जेज़ के बारे में जब आप इंडिया में कोई प्रॉपर्टी खरीदते हैं। इंडिया में सभी अंडर कंट्रक्शन प्रॉपर्टी के एक्स्ट्रा चार्जेज हिंदी में एक्सप्लेन किये गए हैं। जानिए इंडिया में कैसे प्रॉपर्टी खरीद सकते हैं, बिल्डर फ्लोर/फ्लैट इंडिया में कैसे बुक करें, इंडिया में कोई प्रॉपर्टी कैसे रजिस्टर करें और रियल एस्टेट डाक्यूमेंट्स कैसे चेक करें। Share this Video: https://youtu.be/xH_FDlzQPUQ Subscribe To Our Channel and Get More Property and Real Estate Tips: https://www.youtube.com/channel/UCsNxHPbaCWL1tKw2hxGQD6g If you want to become an Expert Real Estate investor, please visit our website https://assetyogi.com now and Subscribe to our newsletter. In this video, we have explained: What are the hidden charges while buying a property in India? What are the under construction property extra charges in India? What are the hidden cost while investing in a property? How to buy builder property in India? Why you have to bear hidden charges while buying property? How to know the included hidden charges while buying a property? What is the hidden cost in real estate in India? How to buy under construction property in India? What are EDC and IDC? What are the stamp duty and registration charges in India? How to calculate the basic cost of a property? How to check real estate documents? How GST is included in real estate property in India? इंडिया में प्रॉपर्टी खरीदने के दौरान हिडन कॉस्ट क्या हैं? इंडिया में अंडर कंस्ट्रक्शन प्रॉपर्टी के हिडन चार्जेज़ क्या होते हैं? किसी प्रॉपर्टी में निवेश करते समय उसमे हिडन चार्जेज़ क्या होते है? इंडिया में बिल्डर्स प्रॉपर्टी कैसे खरीदें? प्रॉपर्टी खरीदने के दौरान आपको हिडन चार्जेज़ क्यों पाय करना होता है? कोई प्रॉपर्टी खरीदने के दौरान शामिल हिडन चार्जेज़ कैसे पता कर सकते हैं? इंडिया में रियल एस्टेट में हिडन चार्जेज़ क्या हैं? इंडिया में अंडर कंस्ट्रक्शन प्रॉपर्टी कैसे खरीदें? ईडीसी और आईडीसी क्या हैं? भारत में स्टाम्प ड्यूटी और रजिस्ट्रेशन चार्जेज क्या हैं? संपत्ति की मूल लागत की गणना कैसे करें? रियल एस्टेट प्रॉपर्टी के दस्तावेजों की जांच कैसे करें? इंडिया में रियल एस्टेट संपत्ति में जीएसटी कैसे शामिल है? Make sure to Like and Share this video. Other Great Resources AssetYogi – http://assetyogi.com/ Follow Us: Google Plus – https://plus.google.com/+assetyogi-ay Pinterest - http://pinterest.com/assetyogi/ Linkedin - http://www.linkedin.com/company/asset-yogi Facebook – https://www.facebook.com/assetyogi Twitter - http://twitter.com/assetyogi Instagram - http://instagram.com/assetyogi Hope you liked this video in Hindi on “9 Hidden Charges while Buying a Property in India".
Views: 26929 Asset Yogi
Goodwill in Accounting, Defined and Explained
This video defines the concept of Goodwill as used in accounting and provides an example of how Goodwill is calculated. Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com To like us on Facebook, visit https://www.facebook.com/Edspira Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com To follow Michael on Facebook, visit https://facebook.com/Prof.Michael.McLaughlin To follow Michael on Twitter, visit https://twitter.com/Prof_McLaughlin
Views: 53751 Edspira
Why Deferred Tax Liabilities Get Created in an M&A Deal
Why Do Deferred Tax Liabilities Matter? They're part of any M&A deal. By http://breakingintowallstreet.com/biws/ You'll find you always see them in the purchase price allocation schedule, and they impact the combined company's taxes after the deal takes place. You see them all the time, especially for highly acquisitive companies like Oracle. They reflect the fact that there are TIMING differences between when a company records taxes on its publicly filed Income Statement and when it actually pays those taxes. Specifically, when a buyer writes up the seller's PP&E or Other Intangible Assets in a deal, the buyer depreciates or amortizes them over time... but only on the BOOK version of its statements! It can't do that on the TAX version of its statements it files when paying taxes to the government, which means that the actual amount of cash taxes it pays will be different from what's on its Income Statement. Here's the Easiest Way to Think About DTLs: Instead of thinking about the company's historical situation or its taxable income, think about its FUTURE TAXES. If future cash taxes exceed future book taxes, a DTL will be created. We need to pay ADDITIONAL taxes for items that are not truly tax-deductible. If future cash taxes are less than future book taxes, a DTA will be created. We will pay LESS in taxes than the company's book Income Statement implies. As the book and cash tax payments equalize over time, the DTL or DTA goes away. Two Most Common Questions on DTLs: "Wait a minute - why does a DTL get created immediately? Isn't it caused by the book and cash taxes being different many times historically?" Nope, not necessarily - that CAN be a cause, but DTLs/DTAs can also be created by events that change the company's FUTURE tax situation. So you need to think about how taxes will change in the future, not how they've changed in the past, to determine this. "Wait a minute, the taxable income for book purposes is LOWER than it is for tax purposes - doesn't that create a Deferred Tax ASSET (DTA) instead?" Nope. The relevant question is not how the taxable income differs, but how the FUTURE TAXES will differ. If the company will pay more in cash taxes than book taxes in the FUTURE, as a result of these write-ups, or any other changes, then a DTL gets created.
What is Consumer Legal Funding it is a purchase of an asset
Dan Cleary the owner of a Tennessee Funding Company explains what Consumer Legal Funding really is, a purchase of an asset.
Views: 20 ARC LegalFunding
Acquisition Accounting Business Combination | Advanced Accounting | CPA Exam FAR | Ch 2 P 3
Business combination, acquisition method, goodwill, 2 step test, goodwill impairment, advanced accounting, asset acquisition, stock acquisition, mergers, consolidations, acquisitions, consolidated financial statements, acquirer, acquiree, Investment in Subsidiary, statutory merger, statutory consolidation, advanced accounting, CPA exam, Takeover Premiums, Earnout, stock exchanged ratio, goodwill, normal earnings, excess earnings. estimated goodwill, offering price,
What does an Asset Manager do?
You want to dive deep into the world of finance and management? Visit us: http://www.frankfurt-school.de/en/home/programmes.html?utm_source=youtube&utm_medium=ACQUISITION Asset management is the administration of assets. Depending on the investor’s goals and their willingness to take risks, an asset manager compiles a portfolio. Security papers, that promise a high return are usually rather risky. A skilled asset manager thus should create a portfolio which balances out an appropriate level of risk with suitable returns. This task can be compared to the work a chef does when assembling a multiple course menu for his guests. The chef will purchase the necessary ingredients at a food market – the asset manager procures security papers from the capital market. He needs to consider and incorporate his client’s willingness to take risks – the chef on the other hand needs to cater to his guest’s tastes. Too little salt is just as detrimental as too much of it. While the chef is able to check his dishes by tasting them, the asset manager has to go to greater lengths to verify his portfolio. Possible returns as well as risks refer to the future. Here, complex political, economical or psychological factors have to be taken into account. Assessing these is what makes asset management interesting and challenging in the present, it’s results and quality may only be experienced in the future, though.
The Ridiculous Expensive Things Floyd Mayweather Owns
top 10 most luxurious and expensive items boxing champion Floyd Mayweather can buy Subscribe to our channel: http://goo.gl/9CwQhg For copyright matters please contact us at: [email protected] The nickname “Money” is one that Floyd Mayweather has certainly earned. Although we loved watching him earn his vast fortune in the ring, we also enjoy watching him spend it. Thankfully, he’s kind enough to keep us updated on social media of his every shopping spree-and there’s no shortage of them. Spending millions of dollars on one mansion might be a dream for most of us, but Mayweather owns more than one home. We’ll take you inside his sleek and ultra modern Miami mansion, and show you his Las Vegas penthouse perched high above the famous strip. Mayweather is infamous for his insane car collection, but we’ll show you a few of his favorites. Our Social Media: Facebook: https://www.facebook.com/TheRichest.org Twitter: https://twitter.com/TheRichest_Com Instagram: http://instagram.com/therichest For more videos and articles visit: http://www.therichest.com/
Views: 2084995 TheRichest
Cost of Goods Sold (COGS) Formula | Calculation | Definition | Example
Cost of goods sold Cost of goods sold, sometimes abbreviated as COGS or called "cost of sales". Definitions The cost of goods sold (COGS) is any direct cost related to the production of goods that are sold or the cost of inventory you acquire to sell to consumers. It does not include overhead expenses related to the general operation of the business, such as rent. Cost of goods sold is reported on a company's income statement. Cost of goods sold that measures the direct costs incurred in producing products that were sold during a period. To like us on Facebook, visit https://www.facebook.com/accountingPlusS/ Subscriber: https://www.youtube.com/accountingplus The simplest way to Definition cost of goods sold is the cost of the merchandise that a retailer, distributor, or manufacturer has sold. The cost of goods sold is the cost of the merchandise that a retailer, distributor, or manufacturer has sold. Let me explain this definition, Let say a manufacturer has sold its merchandise to a wholesaler. Then the cost of the inventory for the Manufacturer become a cost of goods sold. But distributor or wholesaler who bought this merchandise. Then cost of the merchandise become a current asset for a wholesaler. When wholesaler will sell this merchandise to a retailer. Then the cost of the inventory for the wholesaler will become a cost of goods sold. This merchandise will become a current asset for the retailer. After understanding the core concept of cost of goods sold. Now we are going to look the nature of cost of goods sold the account. Whether it an asset account or Expense account or Revenue account. The cost of goods sold in an expense account. The cost of goods sold is reported on the income statement and can be considered as an expense of the accounting period. By matching the cost of the goods sold with the revenues from the goods sold, the matching principle of accounting is achieved. The important point in this definition is that when anybody sale its inventory, then cost of the inventory will become a cost of goods sold only. Otherwise, it will remain as a current asset. Cost of goods Sold Formula Cost of goods Sold example We have a lot of formulas to find Cost of goods sold. I will discuss with you one by one. Gross profit is equal to sale less Cost of goods sold. Sometimes, we use this formula to calculate the cost of goods sold. We know that Cost of goods sold is equal to sale less gross profit. Another formula, We use to calculate Cost of goods sold. In this formula, Cost of goods sold is equal to opening inventory plus purchase less purchase returns less purchase discount plus freight-in less ending Inventory. In the statement’s form, we will start with opening inventory plus with purchases and freight-in costs and less purchases returns and purchases discounts. When we will add net purchases with opening inventory the balance amount we will say the cost of goods available for sale. Then we less ending inventory with total and get cost of goods sold amount. After the understanding, the cost of goods sold definition and formulas. Now, I will explain this important concept with the help of examples. Let say a shopkeeper had bought 100 footballs for $30 each. One football player comes and bought 10 footballs for $50 each. If we will calculate the cost of sale (COGS) for Shopkeeper as follows. Sales (10 x 50) Less: Cost of goods sold (10 x 30) Gross profit When Shopkeeper will multiply 10 sales footballs with sale price $50. The shopkeeper will get sales amount $500. When shopkeeper will multiply 10 sale football with football cost $30. He will get the cost of goods sold amount $300. When sales amount $500 less cost of goods sold amount $300. We will get gross profit amount $200. When the shopkeeper sales football to football player then cost the football become an expense and charge to cost of goods sold. The remaining 90 football keep in inventory. We know that inventory is also part of current assets. The current assets are shown on balance sheet only. So, the remaining 90 football cost will show on the balance sheet of the shopkeeper only. Let me explain another example, XYZ a company has Beginning inventory $100,000, New purchases $450,000 and Ending inventory $35,000. Here is how to find the cost of goods sold for XYZ company. In this situation, we will add Beginning inventory $100,000 with New purchases $450,000 and less Ending inventory $35,000. We will get the cost of goods sold amount $515,000. Today, I will explain to you cost of goods sold definition, a core concept of cost of goods sold, and also explain with the help of examples.
Views: 1228 Accountingplus
How to get an asset financed through a lease or hire purchase
There are many types of asset finance offered by banks. Choosing the right option has both cashflow and tax implication. Make sure you engage the right advisor to give you advice on which option is best for you. Chattel Mortgage You own the vehicle, which is then used as security. • 100% finance available to approved customers • Arrange a balloon payment at the end of the loan to reduce your regular repayments. Hire Purchase The bank owns the asset, but you can use it. You'll take over ownership once you've made the final payment. • An offer to hire can be arranged with no deposit • The vehicle being hired is normally enough security • Arrange a balloon payment at the end of the term to reduce your regular payments. Finance Lease The bank purchases the vehicle you need and lease it back to you. When the lease expires, you can either return or purchase the asset. • Immediate access to the asset without using up capital • The asset being leased is normally enough security • Match your lease to the period you need the asset for. Novated Lease The financier owns the asset, while you and your employer sign a novation agreement to share the responsibilities of the loan. • Monthly lease payments and a final residual payment are based on your circumstances and guidelines set by the Australian Taxation Office. • If you are interested in a Novated Lease, talk to your HR department for options. Operating Leases Operating Leases can often be used to fund many different assets. Payments towards this type of finance can sometimes be considered operating costs and will not appear as a liability on your balance sheet: Fleet Operating Lease With this type of finance, the financier owns the vehicle and the client returns it at the end of the term, usually from 12 months to 5 years. When leasing a vehicle, the fixed monthly payments typically cover registration, insurance, tyres and scheduled servicing and maintenance. For a small business, a Fleet Operating Lease can help free up time and resources. Technology Rentals / Lease Technology can change quickly and often the large up-front costs of purchasing the latest equipment will make a big dent in your cash flow. Renting rather than owning technology can help reduce the risk of owning obsolete equipment while preserving cash to grow your business. Similar to a Fleet Lease, the financier owns the equipment and the client returns it at the end of the term, usually within 3 years. Master Rental Agreement A master rental agreement with a pre-approved limit. You can draw down on funds at any time to acquire equipment – you don’t need to apply for additional funding and you repay the amount over the agreed term in monthly instalments. For some great articles on different funding solutions, please click on the links below: Why Use Asset Finance: https://www.justbusiness.com.au/single-post/Why-use-Asset-Finance What is Trade Finance: https://www.justbusiness.com.au/single-post/What-is-trade-finance How does Debtor Finance Work: https://www.justbusiness.com.au/single-post/How-Does-Debtor-Finance-Work ________________________________________________________________ Website: https://www.justbusiness.com.au Facebook: https://www.facebook.com/JustBusinessFS/ Twitter: https://twitter.com/JustBusinessFS ________________________________________________________________ Contact us: 1300 96 25 95 [email protected] ________________________________________________________________ Disclaimer: The advice offered in this video is of a general nature only. It is intended as a general guide only. This information does not constitute personal advice and has been prepared without taking into account your objectives, financial situation or needs. Your use of the material on this site does not give rise to any obligation on behalf of us or our related entities, or any author of any material on the site.
Views: 9 Just Business
Accounts Payable vs. Accrued Expenses - Interview Question
Accounts Payable vs. Accrued Expenses on the 3 Financial Statements: Why Does It Matter? By http://breakingintowallstreet.com/ "Financial Modeling Training And Career Resources For Aspiring Investment Bankers" It's a common interview question! You may be asked about the differences between them, how changes are reflected on the 3 financial statements, and so on. And most Google search results on this topic are AWFUL and do not answer the actual question at all, or do so in a confusing way that misses the point (trust me, I looked). THE SHORT ANSWER: Accounts Payable (AP) and Accrued Expenses (AE) work in a VERY similar way... IF they both correspond to Operating Expense line items, or other items that appear directly on the Income Statement. However, AP is more likely to correspond to events such as the purchase of Inventory, which would NOT show up on the Income Statement initially, and so you're more likely to see different treatment with Accounts Payable (no Income Statement impact - just an Asset on the Balance Sheet increasing and AP on the Liabilities & Equity side increasing to balance the change). Both these items represent cases where we've INCURRED an expense but not actually paid for it in cash yet. Example 1: We get an invoice for a legal bill from a law firm we hired. They already performed the service, so we incurred the expense, but we haven't paid them in cash yet. Example 2: We pay rent at the beginning of each month. In between, that expense accrues because we use the building or office every day of the month... so it's not accurate just to view it as an expense on one day of the month, but rather an expense that gets accrued every single day and then paid in cash at the beginning of the month. Example 1 corresponds to Accounts Payable, because we typically use AP for items with specific invoices. Example 2 corresponds to Accrued Expenses, which we typically use for recurring, monthly/quarterly/weekly items WITHOUT specific invoices, such as rent, utilities, employees' wages, and so on. What Happens on the 3 Statements When AP or AE Change? IF they both correspond to COGS or Operating Expenses IN THE CURRENT PERIOD and therefore refer to actual expenses listed on the Income Statement: Let's use the example of AP or AE of $100 on the 3 statements: 1) Income Statement - Expenses (most likely OpEx) will increase by $100, reducing Pre-Tax Income by $100 and Net Income by $60 assuming a 40% tax rate. 2) Cash Flow Statement - Net Income is down by $60, but this expense we just recognized was non-cash, so we record the increase in AP or AE as a cash increase of $100. Our cash flow and ending cash at the bottom are up by $40. 3) Balance Sheet - Cash is up by $40 on the Assets side; on the L&E side, AP or AE is up by $100, but Retained Earnings is down by $60 due to the reduced Net Income, so both sides are up by $40. INTUITION: You've saved on taxes because you recorded an expense, took the tax deduction, and reduced your tax bill... but you haven't paid that expense in cash yet! It's all about the tax savings in this first step. Now, Step 2: What Happens When You Pay the AP or AE in Cash, For Real 1) No changes on the Income Statement - already recognized this as an expense! 2) Cash Flow Statement: Net Income is still down by $60... and now we REMOVE that adjusting entry for AP or AE, so cash no longer goes up by $100 from that. As a result, cash at the bottom is just down by $60. 3) Balance Sheet: Cash is now down by $60 rather than being up by $40, because we just paid that expense in cash. On the other side, AP or AE is now back to its old level and is no longer up by $100. Retained Earnings is still down by $60, so both sides are down by $60 and balance. BUT HERE'S THE IMPORTANT DIFFERENCE BETWEEN THEM: AE almost always correspond to Operating Expenses or other Income Statement expense items... but Accounts Payable often do not. EXAMPLE: Company buys $100 of Inventory on credit - supplier sends over the Inventory, "in good faith," and sends the company an invoice, which goes to its Accounts Payable account. In this case, there are NO CHANGES on the Income Statement because nothing happens there until this Inventory is turned into products and sold to customers! Instead, Inventory on the BS simply goes up by $100, and AP on the other side goes up by $100 to balance it. That scenario happens a lot with AP, but very-rarely-to-never with AE. Further Resources http://breakingintowallstreet.com/biws/3-statement-excel-model-interview-questions/
Introduction to Purchasing in Crypto Assets
An overview of how to safely purchase crypto assets. It will cover how to set-up accounts, move to an offline wallet, access exchanges, and purchase crypto assets of all types. With David Merin of n0d.capital. BlockFin is the World’s Largest Event Covering Blockchain in Financial Services. BlockFin is co-located with LendIt Fintech 2018. View more videos at http://www.lendit.com/usa/2018/videos
Views: 18 LendIt Conference
SPECIAL FREE BONUS – For Instant FREE Access to The 10 Hour Real Estate Fast Track Weekend Online Video Home Study Valued At $497.00! -http://www.realestatedvd.com.au/absolutely-free-access-2016/ LIVE EVENT FREE TICKETS – For FREE tickets to attend the next live Melbourne educational event – The Real Estate Investing Fast Track Weekend - http://www.realestatefasttrack.com.au/?utm_source=Youtube Watch Steven Molnar from Investors Prime and Expert Guest Speaker Matienne Angelique from Savvi Accounting for an exclusive 1.5 hour live Webinar where you will discover the advantages and disadvantages of buying investment properties in trusts compared to your personal name. More specifically Martienne will cover the implications of using trusts with regards to Negative Gearing, Land Tax, Capital Gains Tax, and Asset Protection. The implications of setting up these structures correctly for property investors are very substantial and getting this one part of your overall investment strategy wrong could set you back tens of thousands and in some cases hundreds of thousands of dollars payable in tax, and wipe years off your investment time line horizon...in fact, incorrectly structuring your Property Portfolio could even cost you double the amount of tax. This Webinar will teach you the critical things you need to know to structure your assets for protection and maximum profit, so reserve your place right now! Martienne Angelique is a Chartered Accountant with more than 20 years'...of technical taxation, accounting structuring and advising experience. She is a Visionary, Entrepreneur, Speaker, published Author, Property and Wealth Creation Specialist and an Asset Protection and Structuring Expert. Her passion for property and wealth creation began at a young age, buying her first property when just 20 years old. Martienne founded the Savvi Group which is a leading edge business paving the way to a new approach to serving clients. The business offers a comprehensive range of services to allow clients to build their financial success through a full spectrum of financial services and expertise to PLAN & BUILD & PROTECT their wealth and success. Martienne has a unique ability to inspire others to achieve success, and with her specialised skills coupled with her passion for property means she has an excellent base for advising on Advanced Wealth Creation strategies. For dates and venues to the latest Real Estate Investing Fast Track Weekend Live Event go to; http://www.realestatefasttrack.com.au/?utm_source=Youtube To access the latest projects offered by Investors Prime Real Estate go to; http://www.investorsprime.com.au For further education on how to build and structure a Multi-Million Dollar Property Portfolio from Scratch go to;http://www.RealEstateDVD.com.au To keep up to date with the latest videos, blogs, eBooks, from Konrad Bobilak go to; http://www.konradbobilak.com.au
Receive/Create Assets from Purchase Orders - VTiger 6 Extension
VTiger Receive/Create Asset from Purchase Order extension is designed to efficiently create new assets based on what is being received from Purchase Order. It’s intuitive popup displays Product Number and Name and adds a row for each qty so the user can put in serial number and receiving notes for each product & qty they are receiving. In addition, it supports Partial Shipments and prevents duplicate parts to be received. The assets is then created and associated with original Purchase Order, product and the Qty. In Stock gets automatically updated with the qty received. For demo, pricing and all other questions please go to the product page below. VTiger Exension: http://www.vtexperts.com/extension/vtiger-google-address-lookup/ VTExperts, Inc. +1 (818)-495-5557 [email protected] http://www.VTExperts.com
Views: 93 VTExperts, Inc.
How to Buy Gold Jewellery - 7 Tips to Avoid Being Cheated in HINDI
How to Buy Gold Jewellery is one of the most common questions in the mind of the buyer. Normally this question does not arise if you are buying a gold jewellery from your trusted family jeweler or Sunar. Gold is one of the most popular asset class in India from an Investment perspective. But i don't consider gold jewellery as an investment tool. It is bought for consumption purpose. When you buy gold jewellery, the most common concern of the buyer is to avoid being cheated. There are multiple costs added/included at the time of purchase of Gold Jewellery. Most of these costs are not informed to the buyer. It is important for a buyer to understand the complete cost break up. You should watch out for gold making charges and wastage charges along with purity of Gold. This video discusses the 7 Tips for buyers at the time of buying gold jewellery. The buyer can make an informed decision with the help of these tips. If you liked this video, You can "Subscribe" to my YouTube Channel. The link is as follows https://goo.gl/nsh0Oh Please share this Video: https://youtu.be/ZUIAtKlkVo0 For more such interesting and informative content, join me at: Website: http://www.nitinbhatia.in/ T: http://twitter.com/nitinbhatia121 G+: https://plus.google.com/+NitinBhatia -~-~~-~~~-~~-~- Please watch: "Tenants - 11 Things You Should Know Before Renting a Property | HINDI" https://www.youtube.com/watch?v=6z3ChmdsOkQ -~-~~-~~~-~~-~- #NitinBhatia
Views: 380053 Nitin Bhatia
Hardware asset management with ServiceDesk Plus
ServiceDesk Plus is a game-changing IT help desk software which is used by more than 100,000 service desks across 185 countries. This video series will help you get the most out of ServiceDesk Plus. In this video, you will learn about, Hardware asset discovery/scanning techniques - 2:20 Product & product type - 7:07 Assigning assets to end users - 8:47 Distributed asset scan - 11:48 Remote control - 13:31 Barcode scanning - 14:38 Purchase order & requests - 18:21 Asset groups - 19:54 To know more visit our website: https://www.manageengine.com/products/service-desk/
Views: 11296 ManageEngine
Will ECB decide on its asset purchase program? | Erste Group
Following recent statements, we think that the ECB should next week decide on the fate of the asset purchase program after September. New guidance on its future course might also be formulated, but this is one of the uncertainties surrounding next week’s decision. In addition, the markets will be looking for any influence arising from the Italian political crisis on the ECB Council. Erste Group is one of Central and Eastern Europe's foremost financial services group. We have an extensive franchise in the fastest growing economies in the region, based on providing million customers with a high standard of personal service and a comprehensive range of financial products. +++ Erste Group: https://goo.gl/oiZKf0 Research Center: https://goo.gl/6S2BYZ Expertise in CEE Central and Eastern Europe: https://goo.gl/b1xhqb Market Overview: https://goo.gl/4zEkyu Recent Country Research: https://goo.gl/xn4ntX
Views: 4 ErsteInvestment
Financing a Business Purchase Through an SBA Loan
Financing a Business Purchase Through an SBA Loan Is your dream to buy a business and become an entrepreneur, but you're unsure of how to procure financing? Or maybe you are ready to buy a business, but you would like to know more about the loan process. This video will put your financing questions to rest! In this blog intro video, Business Broker, Matt Prescott addresses the ins and outs of financing a business purchase through an SBA loan. Watch our video intro and then visit our website (www.tworlddenver.com) to read the full post and to learn more about buying a business with Transworld Denver. Video Transcript: Hey everyone I’m Matt Prescott. Today we are going to be discussing the topic of financing a business purchase using an SBA loan. So there are a couple of different ways a buyer can finance an acquisition. They can use cash from their own savings, they can use a hybrid deal which would include their own cash or seller carry or a promissory note, they can use a 401k rollover. Or they can use what we’re talking about today which is an SBA loan. An SBA loan is a loan where a portion of it is financed by the United States Small Business Administration. A few things to think about when you’re looking at an SBA loan. First the buyer is going to want to contact a lender. We always recommend that you work with a preferred SBA lender. Basically the preferred status means that the lender doesn’t have to leverage the SBA quite as much as other lenders and they are able to qualify the business and the buyer a little bit more on their own which makes it easier on the buyers and a little more time efficient. The second thing is the lender is going to want to look at the buyer’s financials. Basically they want to make sure the buyer has the cash or assets to qualify for the loan. They will typically ask the buyer for three years of personal tax returns as well as a list of assets, home, cars etc. to see what they have to collateralize the loan. The next part they are going to look at is the business’s financials. Basically they want to make sure that the business has enough cash flow to cover the debt service. On the business side they are going to ask for three years of tax returns and balance sheets, an asset list and basically an earnings calculation to, like I said, make sure that the business can cover the debt service for the buyer. Once the lender has qualified the buyer and the seller we can go ahead and move forward with the transaction. When were in the transaction the buyer, the seller, the lender and the broker are all going to work as a team together to move the transaction forward and make sure that the transaction closes satisfactorily for everyone. If you want more information regarding financing or business acquisition using an SBA loan, I encourage you to read our blog on our website and if you have any additional questions following that please feel free to reach out to myself directly or contact us through our website which is www.tworlddenver.com. Thanks and have a great day! For the full blog post please visit http://www.tworlddenver.com/financing-business-purchase-sba-loan/. Other Transworld Business Advisors of Denver Resources: https://www.youtube.com/watch?v=WopBqAwdof8&t=9s https://www.youtube.com/watch?v=X2BjB26TzYs https://www.youtube.com/watch?v=StbzOaF6LDY&t=10s Transworld Business Advisors of Denver 3000 Lawrence Street, Suite 145 Denver, Colorado 80205 720-259-5099 www.tworlddenver.com Please follow us on social media! Facebook: https://www.facebook.com/transworlddenver/ Twitter: https://twitter.com/tworlddenver Linkedin: https://www.linkedin.com/company/transworld-business-advisors-of-colorado Google+: https://plus.google.com/106512397816890476234 YouTube Channel: https://www.youtube.com/channel/UC0gQEdwa3grt5krW7i6TXTg #TransworldDenver #SellaBiz #BuyaBiz #BusinessBroker #DenverBiz #SmallBiz #TransworldBlog
How to create a Purchase Order in SAP - SAP MM basic Video
http://www.saprealtime.com/ SAP, SAP MM, SAP WM, SAP TCODE, SAP TUTORIAL, SAP VIDEO, SAP BASIC, SAP Tutorials , SAP PP, SAP SD, SAP LE WM, SAP WM SD, SAP WM MM, SAP Logistics,
Views: 227502 BHUPAL REDDY
Purchasing Property With a Land Trust
In this video, real estate asset protection attorney Clint Coons covers how to use a land trust in real estate investing. If you would like a FREE 30-minute consultation. you can request one here: https://andersonadvisors.com/30minuteconsult/
Views: 51338 Clint Coons
QuickBooks Pro 2019 Purchase Equipment with Debt or Financing - QuickBooks Desktop 2019
Enter transaction for the purchase of equipment with debt, for the financing of the purchase of equipment in QuickBooks. The purchase of equipment with debt is not a transaction we see often so there is not preset form we can find on the home page for the transaction. When there is no form to drive the transaction in QuickBooks we usually use a journal entry. We can fine the journal entry input screen in the company drop down. The journal entry would be a debit to equipment and a credit to loan payable or note payable. We can also use registers to record the transaction which reduces the need to know debits and credits. We can find the ledger in the banking drowp down under register. We can also go to lists drop down and chart of accounts. Once in the chart of accounts we can double click on the Equipment account to open the equipment ledger. We can then enter an increase to the equipment ledger and choose loan payable as the other accounting in QuickBooks. Form more accounting and QuickBooks information see accounting webstie. Enter bills and pay bills in QuickBooks Pro 2019. Entering bills in QuickBoks will result in a debit to expense or asset and a credit to accounts payable. We can enter bills to help sort bills in QuicKBooks rather then waiting to write a check. Writing a check would be a debit to expense or asset and a credit to cash. Entering the bills will allow us to get the bills in the system closer to the time the services are used, resulting in the expense being recorded more accurately. For more accounting and QuickBooks information see accounting website. http://accountinginstruction.info/
Debit and Credit 👍
A debit is an accounting entry that either increases an asset or expense account or decreases a liability or equity account. It is positioned to the left in an accounting entry. A credit is an accounting entry that either increases a liability or equity account or decreases an asset or expense account. It is positioned to the right in an accounting entry. Debit and Credit Rules To like us on Facebook, visit https://www.facebook.com/accountingPlusS/ Subscribe us: https://www.youtube.com/accountingplus The rules governing the use of debits and credits are as follows: All accounts that normally contain a debit balance will increase in amount when a debit (left column) is added to them and reduced when a credit (right column) is added to them. The types of accounts to which this rule applies are expenses, assets, and dividends. All accounts that normally contain a credit balance will increase in amount when a credit (right column) is added to them and reduced when a debit (left column) is added to them. The types of accounts to which this rule applies are liabilities, revenues, and equity. The total amount of debits must equal the total amount of credits in a transaction. Otherwise, an accounting transaction is said to be unbalanced, and will not be accepted by the accounting software. Debits and Credits in Common Accounting Transactions The following bullet points note the use of debits and credits in the more common business transactions: Sale for cash: Debit the cash account | Credit the revenue account Sale on credit: Debit the accounts receivable account | Credit the revenue account Receive cash in payment of an account receivable: Debit the cash account | Credit the accounts receivable account Purchase supplies from the supplier for cash: Debit the supplies expense account | Credit the cash account Purchase supplies from a supplier on credit: Debit the supplies expense account | Credit the accounts payable account Purchase inventory from the supplier for cash: Debit the inventory account | Credit the cash account Purchase inventory from a supplier on credit: Debit the inventory account | Credit the accounts payable account Pay employees: Debit the wages expense and payroll tax accounts | Credit the cash account Take out a loan: Debit cash account | Credit loans payable account Repay a loan: Debit loans payable account | Credit cash account Debit and Credit Examples Arnold Corporation sells a product to a customer for $1,000 in cash. This results in revenue of $1,000 and cash of $1,000. Arnold must record an increase of the cash (asset) account with a debit, and an increase of the revenue account with a credit. The entry is: Debit Credit Cash 1,000 Revenue 1,000 Arnold Corporation also buys a machine for $15,000 on credit. This results in an addition to the Machinery fixed assets account with a debit, and an increase in the accounts payable (liability) account with a credit. The entry is: Debit Credit Machinery - Fixed Assets 15,000 Accounts Payable 15,000 Other Debit and Credit Issues A debit is commonly abbreviated as dr. in an accounting transaction, while a credit is abbreviated as cr. in an accounting transaction.
Views: 94 Accountingplus
Laguna Woods Buying Requirements - Financial, Income, Assets, and Age to Buy Cooperative
Provides the age and financial requirements to purchase a Cooperative in Laguna Woods for 2014. Condominium requirements are in another separate video segment.
Views: 75 Laguna Woods
What Is Considered To Be An Asset
What is considered to be an asset KNOW MORE ABOUT What is considered to be an asset Instead, it is classified as a long term asset. The reason for this classification is that equipment designated as part 10 may 2017 an inventory item cannot be considered a fixed asset, since it purchased with the intent of either reselling directly or incorporating into What asset? Investopedia. What is considered an asset? Queensland asset full explanation & example assets definition fixed, current, tangible, intangible. Why is work in progress (wip) considered a current asset accounting? . Googleusercontent search. What are my assets? Nerdwallet. Viewing lots of examples assets can help you better understand this concept which leads to valuecash on hand is also considered an asset anything tangible or intangible that be owned controlled produce value and held by a company positive economic. Simply stated, assets represent value of ownership that can be converted into cash (although itself is also considered an asset) 30 jun 2018 asset anything. Common asset categories include cash and equivalentsinventory19 jul 2018 a definition of assets, with examples capital, fixed, current, tangible intangibles such as goodwill are also considered to be assets 6 apr 2017 taking inventory your is critical part completing the picture. Html "imx0m" url? Q webcache. Yourdictionary examples of assets. What is information asset? Definition from whatis. In addition, a company's balance sheet will also report prepaid expenses as an asset assets can be classified short term (current assets) or long (fixed. Assets? Asset wikipedia. What is a liquid asset? The motley fool. What is an asset? Investopedia. What are assets? Accounting basics for studentsassets what Assets definition, examples, and processes legaldictionary. What is the test of whether something considered an asset for your business? Well, one asks, ______ i own, and will it bring me benefits in some examples assets which are obvious be reported on a company's balance sheet include cash, accounts receivable, inventory, investments, land, buildings, equipment. An item is only recognised as an asset if it deemed to be worth a particular amount company lists its assets on balance sheet. Fixed asset accountingtools. Antiques and equipment are all considered illiquid or fixed assets do we have to only value tangible at book when selling a company? Is it legal allow an employee purchase asset from the company by deducting of his her paycheck? Either way, under us gaap ifrs accounting rules, neither treat 4 sep 2014 understanding different kinds allocation i'm writing about personal finance issues, i often use subset terms that, some households need provide information. Is an employee considered as asset in a company? If so, what personal finance 101 is asset? The simple dollarwhat liquid Definition and meaning businessdictionary. Assets? Examples of assets examples. Also be required to prove monthly interest payments (which
Views: 0 SS Insure Facts
Is A Computer A Capital Asset
Is a computer a capital asset KNOW MORE ABOUT Is a computer a capital asset Bgw intangible assets capital asset categories reporting fixed and purchase policy. In asset intensive industries, companies tend to invest a large part of their funds in capital assets is defined include property any kind held by an assessee, whether connected with business or profession not i am taking coaching dt from mr vinod gupta who said that computer for individual salaried employee thought there must have been pls explain replacement hard disk monitor qualify accounting under fixed if it treated as revenue 4 sep 2018 emily coltman freeagent discusses and gives her top tips you're freelance web designer, that'd be your computer, desk 8 jul 2016 you know can't expensed, so record. Capital assets explained freeagentcapital asset investopediacapital wikipedia. Capital assets explained freeagent support. They can be equipment, machinery, computers, or cars, anything else that has quite a high cost and is going to used in your business for more than about year capital assets are significant pieces of property such as homes, investment properties, stocks, bonds, even collectibles art. Googleusercontent searchcapital assets are also sometimes referred to as fixed. A small business guide to capital assets smallbusiness. Accounting for capital assets alamo colleges. Computer software is the most widely owned type of intangible capital asset a fixed any tangible purchased for use in day to property and equipment such as buildings, office furniture, fixtures, computers 27 jun 2008 i built brand new pc from parts that were all ordered (motherboard, cpu, memory, case, hard disk, etc. For example, if one company buys a computer to use in its office, the is capital asset, but another same sell, it considered inventory 4 may 2017 asset property that expected generate value over long period of time. 11 accounting for capital assetscomputer software should be considered internally generated if it is 7 jun 2017 capital expenses of a business are explained and compared to operating expenses. Accounting and tax treatment of computer hardware other non capital assets faqs defining identifying expenses cppm procedure chapter i tangible province asset guide tn. Computer parts fixed asset or expense? Quickbooks forums. Appendix b decision tree for computer software. Capital assets explained freeagent. Separate purchase based on board policy c. Examples of capital assets are buildings, computer equipment, machinery, and vehicles. Easy, right? But what if you buy a computer, rightly record it as fixed asset, the land use rights are considered capital asset they used in operations. Freeagent 115001217130 capital assets explained "imx0m" url? Q webcache. Examples include buildings, motor vehicles, furniture, machinery and equipment tangible capital asset cost amortization information should be generated examples highways or custom developed computer software systems assets purchases construc
Views: 0 SS Insure Facts