Category: Bookkeeping

It not only provides insights into how much of the company’s earnings are being reinvested back into the business but also indicates how much buffer the company has to sustain financial shocks. Your retained earnings can be useful in a variety of ways such as when estimating financial projections or creating a yearly budget for…

If you’re using a different version, you can manually unreconciled each transaction to undo the reconciliation. Keep in mind, even small changes can unbalance your accounts. To minimize the impact, you can only unreconcile one transaction at a time. The main topic of this article is how non-accountant users will undo reconciliation in QuickBooks Online.…

A company may decide it is more beneficial to return capital to shareholders in the form of dividends. A company may also decide it is more beneficial to reinvest funds into the company by acquiring capital assets or expanding operations. Most companies may argue that an idle retained earnings balance that is not being deployed…