Bookkeeping | Arpafil

Business Tax Deadline Guide for 2024

August 22, 2024 / by arpafil / Bookkeeping / 0 comments

Generally, you have three years from the tax return due date to claim a tax refund. After three years, unclaimed tax refunds typically become the property of the U.S. We’ll post guidance for taxpayers on all credits and deductions from the Inflation Reduction Act as it becomes available. “Our phone volumes remain at very high […]

Current Ratio Formula Example Calculator Analysis

August 9, 2022 / by arpafil / Bookkeeping / 0 comments

A current ratio of less than 1.0 indicates that a company’s short-term assets, even if fully realized at their book value, would not be able to cover its short-term liabilities. This is to say that a current ratio of less than 1.0 is generally a bad current ratio. More specifically, the current ratio is calculated […]

Days Sales of Inventory DSI: Definition, Formula, Importance

August 5, 2022 / by arpafil / Bookkeeping / 0 comments

The Days Sales in Inventory (DSI) value gives an estimation of the time required for a business to turn its inventory into sales. Generally, a low DSI is preferred because it denotes quick inventory turnovers, although the ideal DSI will vary depending on the organization and its sector. This gives you the information you need […]

What is a Stock Certificate?

May 11, 2022 / by arpafil / Bookkeeping / 0 comments

And when you’re up and running, we can help with ongoing business compliance with our Worry-Free Compliance Service. If you have an old stock certificate it’s possible, though unlikely, that it has some value beyond wall art. However, if you’re among those who need to have physical proof of your investment, then read on to […]

Process Costing Definition, Examples, Features & System

May 3, 2022 / by arpafil / Bookkeeping / 0 comments

Industries such as cement, soaps, steel, paper, chemicals, medicines, vegetable oils, rubber, etc., use this method to assign the costs. Process Costing helps companies make critical decisions based on accurate information. It allows companies to track product cost performance by production location or department—information that can be used to help determine which products are most […]

Why digital transformation in tax organizations fails and how to avoid it

November 25, 2020 / by arpafil / Bookkeeping / 0 comments

It’s like a roadmap that helps me organize and categorize every financial transaction, making it easier to track and manage the company’s finances. Cash flow refers to the balance of cash that comes into and goes out of my business during a specific period. I keep track of this on a cash flow statement, which […]