Average Collection Period: Understanding Its Importance in Business Finance

The average collection period is a collection period ratio measure of how efficiently a company manages its accounts receivable. Generally, a smaller average collection period is more desirable as it indicates that the company gets paid promptly. It indicates how efficiently a company is collecting its accounts receivable or how quickly it is converting its … Read more

Full Charge Bookkeeper: Roles & Responsibilities Explained

Understanding and properly delegating these roles will improve your bottom line. Tax strategy and planning, as well as tax filing, are tasks often done by accountants. Bookkeepers prepare the information and documents that accountants need come tax season. These roles both fall under accounting, and they both work towards the same goals. Yet as mentioned … Read more

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Accounting Basics: In-Depth Explanation with Examples

A manual accounting system involves using paper ledgers, journals, and calculators, while a computerized accounting system involves using software, spreadsheets, and databases. A computerized accounting system is faster, more efficient, and more reliable than a manual one, but it also requires more investment and maintenance. Whether you’re launching a startup, managing finances, or investing, understanding … Read more

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Top 5 Best Tripods For Product Photography

A good photograph of a product is a great sales tool all by itself. Which is why so many vendors of all types of products are eager to have the best images of their wares to show prospective customers. There is more than having the right thing to sell and showing a picture of it. … Read more

Top 23 Best Photography Colleges & Universities In The US

A degree in photography can open doors to many rewarding career choices. Many colleges and universities across the United States offer degree programs. A lot of the degrees are 2 year and 4 year programs for Associate and Bachelors degrees, while some schools offer Masters and PhDs in photography. Even though a degree in itself … Read more

Top 19 Best Film Schools In California To Become a Master!

If you are desiring a career in the film industry, motion picture, TV, commercials, science or education, there are many good reasons to look at film schools in California. The best film schools in California not only offer a superb education, but the location puts students in one of the busiest film industries in the … Read more