Category: Bookkeeping
If an investor is looking at December’s financial reporting, they’re only seeing December’s net income. But retained earnings provides a longer view of how your business has earned, saved, and invested since day one. Also, keep in mind that the…
For example, you might wish to lower your existing loan payment, pay off your mortgage faster or take cash out. Having your own formula set up also gives you the opportunity to compare different payment scenarios, including interest-only payments versus…