Sentences with phrase «kept on a cash basis»

If the books are kept on a cash basis (as partnerships and most LLCs are required to do), the accounts receivable must be discounted for the income tax liability that will be incurred when the revenues are collected.

Not exact matches

To minimize potential problems: (1) keep accurate, timely records of all income and business expenditures; (2) transmit that information to your accountant on a quarterly, not annual, basis; and (3) plan for heavy cash - flow demands when it comes time to make your final, January 15 QET payment.

One of the primary reasons to create a cash flow statement is to gain insight about your spending and expenses by documenting and keeping a history of cash flow on a monthly or quarterly basis.

Since the Bank of England introduced new polymer notes and high street banks began to close, additional costs and challenges to cash - based schools are being presented, along with security risks of keeping cash on - site.

You will end up paying more in interest on a monthly basis and for your entire loan term, but you also have the benefit of keeping your cash in the bank.

This is a good option for people who want to keep the opportunity to redeem credit card rewards toward future travel expenses; but who may benefit more from cash back or other merchandise on a more consistent basis.

I do keep the annual «cash» account in a short - term bond fund and move money to cash on a monthly basis.

Many individuals and businesses work on a cash only basis and it is important for them to keep track of all income to determine if they do or do not have to file income taxes.

There has to be enough cash available on a real - time basis to keep the company operating.

I try to keep cash levels based on risks associated with the current absolute valuation multiples as well as my assessment of sustainability of current margins.

Maybe you can improve your portfolio if you have a little spare cash hanging around by buying something on your watch list [that's right, you should be keeping a watch list, preferably with target buy - in points based on some notion of intrinsic value].

What I would say is that if you don't have a whole lot of A / R and A / P and need to be on the cash basis, just record the transactions in Wave as the cash transactions occur and keep track of your receivables and payables another way.

I probably do better keeping my cash invested in stocks and real estate, where I earn over 7 % in the long run, than in a cash - based investment in an HSA, with yields on cash near zero these days.»

These requirements vary from bank to bank, but can include everything from keeping a certain minimum amount of cash on deposit at all times, using a bank - issued debit card for a certain number of transactions each month or setting up one or more qualified direct deposits that occur on a regular basis.

Money market funds are typically used as the «sweep account» for clearing brokerage transactions, and investors often keep cash proceeds in the fund on a temporary basis while looking for another investment.

Such market permit other financial institutions with liquidity needs to borrow in a short period of time from other companies with excesses, that adapts those banks to elude keeping far too large sums of their means, which are based on liquid assets such as cash to control any implicit expenses from the clients.

The fact is, says Richard Kann, president of Christmas, Fla. - based Comp - Ware Systems, manufacturer of (among other software) the DARTS POS system, many pet specialty retailers still rely on nothing more than a cash register to keep track of sales, which puts their businesses at a real disadvantage — especially when it comes to key tasks like inventory management.

Keeping track of what credit card is best to use at which location, finding award availability across a variety of carriers and finding the best deals when paying based on the cash rate are all made easier with some of the great tools out -LSB-...]

Keep in mind, the award prices of Southwest flights are pegged to the cash ticket cost so it can vary based on the day you book.

I've been trying my hardest not to be one of those travelers who complains incessantly about an airline devaluing its frequent flyer program only to keep handing that same airline his / her cash on an ongoing and frequent basis.

If you want to keep it as simple as possible, and redeem on a regular basis, opt for a cash - back rewards card.

Appreciate that some people will not like the idea of spending lots of money again on a system so soon (or feel like they have to to keep up), but to be honest I'm happy that MS are catering to the more mature gamer who may have money in their pocket and is prepared to splash the cash on a more frequent basis for the good stuff like you do with phones etc..

To keep law firm cash flow positive between those large payouts, many firms handle catastrophic injury cases on a regular basis.

Keep in mind that comprehensive and collision coverage is based on an actual cash value (ACV) basis, which means you can't buy «more» coverage for your vehicle since the payout is determined by the value of it at the time of an accident minus depreciation.

The ROR is the interest rate that, based on assumed ART rates, keeps the death benefits of the two programs the same and equates the cash value and sidefund at the end of the period studied.

If you plan to keep it for the duration of your life, you could either pay level premiums for life with a guaranteed death benefit, or you have the option to plan your policy's values and benefits based on assumed cash value growth, rather than guarantees.

You should keep in mind that the cash value will be based on the investment choices you make.

The cash value keeps increasing every year on a tax - deferred basis.

That said, if at some point in your life you may feel a need to lower your premiums, you can do so by adjusting your premiums based on your cash value but keep in mind that these adjustments can only be done after the first year of the policy and only if you have enough cash value that can keep your policy in force for another two months.

The desire for growth, keeping users hooked on the newsfeed, and the need to make ad - based cash, is also what made possible the Russian meddling in the US election — that includes their ability to create and share fake news and buy ads on the network without any actual interference.

He keeps records of the cash transaction and receipts on a daily basis.

Store Manager Dollar Tree, Bow, NH Jan 2011 — Mar 2013 • Introduced a «positive interaction» employee appraisal system to ensure positive analysis of employees based on the received feedback • Implemented a method to determine merchandise prices by reviewing merchandising activities and studying favorite trends • Ensure that all individual sales goals were met • Kept abreast of market trends and competitor information • Assisted in loss prevention • Resolved customers» complaints • Oversaw cash register transactions and provided light bookkeeping services

Post payments to accounts, balance cash drawer to ensure accuracy of all transactions, prepare money for deposits, keep records and issue receipts for monies collected and compile daily cashier balance reports based on receipts.

• Deliver merchandise to various customers on daily and weekly basis timely • Assist in loading and unloading the vehicle safely • Operate the vehicle loading and unloading machinery expertly • Maintain merchandise inventories and keep delivery logs up to date • Report any malfunction in the vehicle or equipment immediately • Receive cash and check on delivery on the company's behalf when instructed • Interact with customers on daily bases, note down and forward any orders or complaints regarding delivery or merchandise • Conduct regular pre and post route inspections of the vehicle and keep it clean and well oiled • Report any accident as first priority to the management

• Verify the accuracy of invoices and checks and post relevant information in predefined accounting databases • Prepare and submit invoices and handle payments • Coordinate cash and check deposit activities • Sort and enter accounts payable and receivable data into company database • Prepare and produce accurate financial statements such as balance sheets • Maintain record of assets and liabilities and complete and deposit tax returns • Reconcile bank statements and manage cashbook management on a daily basis • Issue and maintain records of petty cash • Audit accounts to ensure accuracy and address any discrepancies found during auditing procedures • Process refund requests and reconcile monthly statements • Post details of business transactions including received and disbursed funds • Type vouchers, invoices, bank drafts, checks and reports • Post cash receipts and expenses in designated accounts software • Report accounting discrepancies to supervisors and assist in resolving them and any issues that customers may have with their accounts • Compile and maintain financial records of the company by recording and summarizing data • Keep record of business transactions, compute costs and verify bills • Create statistical records by combining data and performing computations • Prepare payrolls and transfer employees» salaries to their accounts on a monthly or bi monthly basis • Manage day to day internal controls and arrange for purchase orders to be prepared

• Demonstrated ability to handle customer load in a high volume retail environment by delegating work duties • Exceptional verbal and written communication skills aimed at providing the epitome of good customer services and handling adverse situations with tact • Track record of closing sales effectively, keeping in mind personal and company sales goals • Successful in merchandising products to maximize both visual appearance and sales • Known for enforcing supermarket policies to ensure efficient and safe delivery of goods • Strong problem solving skills aimed at handling incorrect or late deliveries to ensure minimum impact on customers • Technologically savvy with a great ability to manage transactions using complex database and cash handling systems • Exceptional planning and organization skills aimed at placing signage and displays in accordance to company policies and procedures • Special talent for providing patrons with the highest level of satisfaction within the limitations set by the company • Adept at stock rotating and replacing activities to ensure availability of quality merchandize on a constant basis

Keep in mind that the performance of a REIT is based on cash flow and profits from selling properties, and may not be impacted much by factors that typically drive the performance of stock and bond funds.

Small businesses mostly on a cash basis, keep it simple.