Software for every real estate portfolio

Our award-winning energy management systems reduce HVAC costs and ensure regulatory compliance without reducing comfort. By connecting business intelligence at the investment, operations and financial levels, our platforms drive value for funds holding real estate...

3 Advantages and Disadvantages of Payback Period Method

The second project will take less time to pay back, and the company’s earnings potential is greater. Based solely on the payback period method, the second project is a better investment if the company wants to prioritize recapturing its capital investment as...

Is Supplies A Debit Or Credit In Business?

We need to know of our Liabilities, how much is the delivery van loan, how much is the mortgage. The Accounting Equation helps us do that by giving us a foundation we can build on. When we track the changes in the Accounting Equation, we use the three basic accounts...

What is an Owners Drawing Account?

In other words, the owner isn’t arbitrarily taking money out of the company they possess. It’s important to note that the drawing account is separate from the owner’s tax obligations. To conclude, the drawing account is important in accounting that every individual...

Trade discount definition

This discount calculator lets you find the reduced price of a product and the amount of money you save. You can also use it in reverse and calculate the discount or the original price. Chartered accountant Michael Brown is the founder and CEO of Double Entry...

normal account balance definition and meaning

The account is debited when expenses are incurred and credited when payments are made. And finally, asset accounts will typically have a positive balance, since these represent the company’s valuable resources. Cash equivalents are short-term investments that you can...