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Bookkeeping

QuickBooks vs Quicken What’s the Difference?

QBP might be a good fit for sole proprietors who prefer a single place to track business and personal expenses. The best accounting software program for you comes down to the type of small business you run. We’d recommend QuickBooks for most small businesses, given its depth of features, integrations, and customizability. The fintech offers…

Implicit vs Explicit Costs Explained for Smart Businesses

When business owners and finance teams understand both types of costs, they can better deploy internal resources. EnKash makes the tracking of explicit costs simpler, but it also offers insight that can possibly hint at internal resource overuse. These seemingly hidden costs may not be recorded on a business’s balance sheets, but if ignored, they…

Prorated Formula + Rent Calculator

This entitlement rewards larger shareholders proportionately as per their stake. It sets out the proportion based on which shareholders’ entitlements will be calculated. The ratio is fixed beforehand based on fair criteria like existing shareholding, stake in an acquired company, etc. The pro rata calculation must be used to determine the appropriate portion of that…