In this fifth and last Xero tutorial, we’ll show you how to print reports in Xero by navigating to the Reports page, selecting the desired report, and then exporting it for printing. We’ll also cover how to create custom reports in Xero, adjust basic reporting options, and save customized reports. Additionally, for Adviser users, we’ll…
How To
How To Become a QuickBooks Certified User (QBCU) in 5 Steps
We’ll break down everything you need to know about how to become a QuickBooks Certified User (QBCU), from deciding which of the two end-user certifications you want to obtain (you can also choose both) to taking the exam. We also go over their advantages, as becoming a QBCU can open doors to new career opportunities…
What Is Trailing Twelve Months [+ Free Calculator Template]
Trailing twelve months (TTM) refers to a company’s past 12 consecutive months of performance data used in financial reporting.
The TTM method is essential because it provides companies with detailed, recent financial data for internal audits, financial analysis, and corporate planning. It’s useful for evaluating revenue growth, margins, sales and expense trends, working capital management, key performance indicators (KPIs), and other financial metrics. Free TTM Income Statement Spreadsheet Our free TTM income statement spreadsheet…
Rental Property Depreciation: How to Calculate & Examples
Rental property depreciation is the process of deducting the cost of your rental property over time. With it, investors in income-producing property can deduct the cost of the asset over a series of tax years; the cost of land is not depreciated. The annual depreciation deduction is based on two factors: Your basis in the…
How to Calculate & Deduct Your Bad Debt
To calculate and deduct your bad debt, you’ll need to first determine if the bad debt is business or nonbusiness. Next, you’ll need to calculate the amount and timing of the bad debt and then report it. Before reviewing the details for each step, it’s important to note that a tax deduction for bad debt…
How To Solve Cash Flow Problems in 10 Ways
Common methods for solving cash flow problems include identifying the amount of the shortage, understanding the impact it’s having on your company, and determining what sources of income and expenses you can adjust. For example, you might negotiate better terms, refinance debt to a better interest rate, or encourage faster payments from your clients. We’ve…
How to Motivate Your Team: 5 Team Motivation Ideas
As you build your small business and pursue strong growth, learning how to motivate your team should be among your top priorities. Highly motivated employees will often exhibit higher levels of engagement and be more proactive, productive, and committed to their jobs. According to Seenit’s 2023 report1, The State of Employee Engagement, 30% of productivity…
How to Buy Postage Online for Your Small Business
Purchasing, managing, and printing postage online is a great way to save your business time and money. We take a step-by-step look at how to buy postage online for small businesses, reviewing several vendor options and the tools you will need to print your postage at home. Step 1: Choose an Online Postage Vendor First,…