by pay@crispino.us | Oct 13, 2026 | Terminologies
The difference between current assets and current liabilities. Positive working capital means the company can cover short-term obligations. It reflects day-to-day operational efficiency. by pay@crispino.us | Oct 12, 2026 | Chart of Accounts, Expenses, Terminologies
Payments for leased property or equipment used in operations. Recognized monthly or per the rental agreement. A major recurring operating cost. by pay@crispino.us | Oct 11, 2026 | Chart of Accounts, Income, Terminologies
Income earned from performing services rather than selling physical goods. Examples include consulting, rentals, or legal services. Recognized when the service is performed. by pay@crispino.us | Oct 10, 2026 | Assets, Chart of Accounts, Terminologies
Represents money available in currency and bank accounts. This account reflects the most liquid asset that a business can immediately use to settle obligations or invest. It is constantly updated as deposits and withdrawals occur. by pay@crispino.us | Oct 9, 2026 | Accounting Proram, Terminologies
Allows users to log in once to access multiple systems connected to the accounting software. Reduces password fatigue and improves security. Common in integrated enterprise environments. by pay@crispino.us | Oct 8, 2026 | Financial Statements, Terminologies
Net income attributable to each outstanding share of common stock. EPS is widely followed by investors. Higher EPS signals stronger profitability.