Just like how a doctor might use an X-ray to see through flesh and bone, contra assets help us peek behind the surface value to understand the true condition of company assets. It can be used for any type of account such as asset, liability, capital, revenue. Instead of directly reducing the balance of the Read More…

The fully diluted number of shares indicates how many outstanding shares there could potentially be if all existing equity instruments were converted into common stock. Companies typically issue shares when they raise capital through equity financing or when they exercise employee stock options (ESOs) or other financial instruments. Outstanding shares decrease if the company buys Read More…

LessAccounting is cloud-based software designed for small businesses. In addition, LessAccounting does not offer as many features as some of the other software solutions. This makes it easy for small business owners to track their finances in one place. Best for Industry-specific features Customer service is frequently praised for being responsive and supportive. Zoho Books Read More…