Author: trektalesadmin

As mentioned above, the higher the asset’s net realizable value and its value in use. While calculating asset impairment under GAAP, it is important to be aware that undiscounted cash flows are used in the first step, while discounted cash flows are used in the second step. Another difference between the GAAP and IFRS policies…

However, once the nature of the balance is confirmed, it’s reshuffled to the proper chart of account. Auditors and internal control advisors are particularly concerned about the suspense balance and inquire management about the same. This can be done by reviewing the organization’s chart of accounts, ledgers, or financial statements for any accounts labeled as…

In the hotel Invoices menu, there are several options that allow you to alter the appearance of the email template. So if you need them, you can enable the invoice sending option from the Extensions menu on BNBForms. Documents of Premium customers will carry only your business’ branding. Lodgify vs BNBForms Vacation Rental Booking Software…

When using non-GAAP measures, companies need to be clear but also follow the law. Reflecting their performance accurately while staying transparent and consistent is crucial. For example, costs from buying other companies, or from changes to the business, don’t usually count in non-GAAP numbers. So, a company can show a more precise look at its…