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2 min readAccountants

What is the interest coverage ratio?

Explore the interest coverage ratio formula, different variations, and more.

2 min readAccountants

Budget vs. forecast: what’s the difference?

Budgets are goals, forecasts are predictions. Read on for more information.

2 min readAccountants

A guide to liquidity in accounting

What are liquid assets in accounting? Get the inside track with our guide.

2 min readAccountants

What does OPEX (operating expenses) mean for my business?

Find out everything you need to know about the OPEX formula, right here.

2 min readAccountants

What is profit per employee and how can it help my business?

Find out how to calculate profit per employee with our simple guide.

3 min readAccountants

What Is a Pro Forma Statement?

Explore the benefits of pro forma financial statements with our simple guide.

2 min readAccountants

Accounts payable: everything you need to know

Read about accounts payable in a little more depth with GoCardless.

2 min readAccountants

What Does Impairment Mean in Accounting?

Find out more about what is meant by impairment of assets with our easy guide.

2 min readAccountants

Understanding Accruals in Accounting

Accruals are expenses/revenue for which cash hasn’t yet changed hands.

2 min readAccountants

What Is the Debt Service Coverage Ratio?

The debt service coverage ratio measures your firm’s ability to repay debts.

2 min readAccountants

What Is Activity-Based Costing?

Explore the advantages and disadvantages of activity-based costing.

2 min readAccountants

How to Use Trend Analysis Effectively

Understand how to use trend analysis methods to help your business.

2 min readAccountants

What Does Goodwill Mean

Goodwill arises when a company acquires a business for more than its fair worth

2 min readAccountants

Cash Basis Accounting vs. Accrual Basis

Accrual basis accounting vs. cash basis accounting is all about timing.

2 min readAccountants

What does dunning mean in Accounting?

Dunning refers to the process of asking customers for money they owe you.

3 min readAccountants

Straight Line Depreciation: Which method of depreciation should you be using?

Companies use several different depreciation methods to calculate depreciation.

2 min readAccountants

Understanding Amortization in Accounting

Explore the definition of amortization in accounting, right here.

3 min readAccountants

How to calculate life cycle costing

Life cycle costing helps you understand the total cost of a product or asset.

2 min readAccountants

What is a chart of accounts & is it important?

A chart of accounts is a complete listing of your company’s financial accounts.

2 min readAccountants

Deferred Revenue: Definition & Examples

Deferred revenue refers to payments for goods that haven’t been delivered yet.

3 min readAccountants

What is total contract value (TCV)?

Total contract value refers to the total value of a contract, including fees.

2 min readAccountants

Online small business accounting and bookkeeping

Find out more about online bookkeeping for a small business.

2 min readAccountants

Everything you need to know about BAS statements

Want to know how to do a BAS statement? Read on for our definitive guide.

2 min readAccountants

An introduction to earnings before interest and taxes (EBIT)

Earnings before interest and taxes measures your company’s profitability.

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GoCardless (company registration number 07495895) is authorised by the Financial Conduct Authority under the Payment Services Regulations 2017, registration number 597190, for the provision of payment services.