If you’re a contractor or construction business looking for accounting software that can easily help you manage your financials, then you don’t have to look any further. We’ve rounded up five of the best accounting software packages that are specifically designed to help contractors and construction businesses take control of their bookkeeping processes. With intuitive […]
Difference Between Share Capital and Share Premium
The share premium account represents the difference between thepar valueof the shares issued and the subscription or issue price. Share premium, often referred to as additional paid-in capital, represents the amount that a company raises in excess of the par value of its shares. This financial metric is a testament to the market’s confidence in […]
Capital Infra Trust InvIT IPO listing date in focus Heres what GMP signals about the share debut Stock Market News
Share premiums can lead to the overvaluation of a company, implying that the current price of the stock is not congruent with its earnings outlook or other fundamental factors. Additionally, the issuance of share premiums can result in the dilution of existing shares, decreasing the ownership percentage of existing shareholders. Share premiums arise when companies […]
BEML Share Price Today BEML Stock Price Live NSE BSE
This can be done if the company no longer needs the money in its share premium account and wants to use it for other purposes. Share premium accounts can be used for a variety of purposes, such as to pay off debt or to fund capital projects. For example, a company may use the money […]
Accounting & Bookkeeping Services for Construction Companies
Not only will the construction work suffer from delays and poor planning, but serious issues can arise, such as insufficient tax preparation, which could derail the entire business. Virtual Construction Assistants have a lot of experience working with a wide range of contractors in the construction industry. After assessing your company’s financial situation and barriers, […]
Construction Accounting 101: Expert Guide for Contractors
In accounting for construction companies, retainage typically ranges from 5% to 10% of each progress payment, serving as a form of security for the project owner. More importantly, your choice of revenue recognition method can significantly impact your company’s financial statements, tax liability, and business opportunities. Unlike manufacturing or retail businesses where costs tend to […]
Payback Period Formula + Calculator
The payback period refers to how long it takes to reach that breakeven. The answer is found by dividing $200,000 by $100,000, which is two years. The second project will take less time to pay back, and the company’s earnings potential is greater. Uses of Payback Period in Corporate Finance According to payback method, the […]
Payback Period Explained: Definitions, Formulas and Examples
Unlike other methods of capital budgeting, the payback period ignores the time value of money (TVM). This is the idea that money is worth more today than the same amount in the future because of the earning potential of the present money. Although calculating the payback period is useful in financial and capital budgeting, this […]
Payback method formula, example, explanation, advantages, disadvantages
The time value of money is the idea that cash will be worth more in the future than it is worth today, due to the amount of interest that it can generate. This is another reason that a shorter payback period makes for a more attractive investment. The payback period is calculated by dividing the […]