Retained Earnings: Calculation, Formula & Examples

Your company’s balance sheet may include a shareholders’ equity section. This line item reports the net value of the company—how much your company is worth if you decide to liquidate all your assets. A statement of retained earnings shows changes in retained earnings...

Net Income NI: Definition, Uses, and Formula

Both are important parts of your finances, so it’s important to know what your gross income and net income are. Taking the time to understand what you earn can help you prepare for a financially sound future. Typically, net income is synonymous with profit since it...

Bookkeeping tips for Airbnb hosts

For example, track income from other platforms such as VRBO, Booking.com etc. If you’re just starting out as a short-term rental property owner or need to brush up on your Airbnb bookkeeping skills and best practices, check out our 5 Weeks to Better Bookkeeping...

Bookkeeping tips for Airbnb hosts

For example, track income from other platforms such as VRBO, Booking.com etc. If you’re just starting out as a short-term rental property owner or need to brush up on your Airbnb bookkeeping skills and best practices, check out our 5 Weeks to Better Bookkeeping...