Recent content by jatin

I’m curious to know which types of businesses tend to be the most profitable, especially for startups or small investors. Are there particular industries or business models that consistently generate higher profits? Any examples or insights would be appreciated!

SAP software is a type of enterprise resource planning (ERP) system used by businesses to manage and integrate key parts of their operations. It helps companies handle areas like finance, supply chain, human resources, and customer relationships in one unified system, improving efficiency and...

An employee benefit trust (EBT) is a legal arrangement where a company sets up a trust to hold assets or shares for the benefit of its employees. The trust manages these assets to provide employee benefits such as bonuses, share ownership, or pensions, helping improve employee motivation and...

I’m trying to calculate my hourly wage based on my annual salary but I’m not sure about the best way to do it. I work full-time, but sometimes I have overtime or different hours. What’s the standard method to convert a yearly salary into an hourly rate? Any formulas, tips, or examples would be...

I’m trying to understand how accounts payable works in accounting. Specifically, I want to know whether accounts payable is recorded as a debit or a credit. I’m a bit confused about when to debit or credit this account in transactions. Could someone please explain how accounts payable is treated...

I’m looking for recommendations on a reliable temporary online debit card or virtual card that I can use for online shopping. Ideally, it should offer good security features, be easy to set up, and not have high fees. I want something that protects my main bank account details and can be used...

To read a financial statement, understand the three main statements: Balance Sheet: Shows assets, liabilities, and equity at a specific point in time. Income Statement: Summarizes revenues, expenses, and profitability over a period. Cash Flow Statement: Tracks cash inflows and outflows...

CFO (Chief Financial Officer) salaries vary significantly based on factors like company size, industry, experience, and location, but generally rank among the highest-paid positions in organizations. In India, the average CFO salary is around ₹36.1 lakh per annum, with top-tier CFOs potentially...

In accounting and banking, the ledger balance (often called the current balance) refers to the total amount of funds in an account at the end of each business day. It includes all transactions (deposits, withdrawals, payments, etc.) that have been fully processed and "posted" by the bank.

Equity or Owner's Equity. While liabilities represent what a company owes, equity represents the owners' residual claim on the company's assets after deducting liabilities.

Can someone please tell me who is CEO is and what are their responsibility?

What is the current ratio, how is it calculated, and what does it indicate about a company’s financial health?

I recently heard about tax deed sales as a way to invest in real estate. Can someone explain what tax deed sales are, how the process works, and what risks or benefits are involved? Also, how do they differ from tax lien sales?

I'm learning about company valuation and came across the term "Enterprise Value (EV)." Can someone explain how to calculate it, what components are included (like debt or cash), and why it's used instead of just market capitalization?

I'm working with ETL batch processes and came across the term "audit table typology." Can someone explain what it means, how audit tables are structured, and why they are important for data validation and tracking in ETL pipelines?