Recent content by niyati

Hey everyone, I keep hearing about options, futures, and swaps being called “derivatives.” Can someone explain in simple terms what a derivative is and why people use them—hedging, trading, or both?

If someone earns $60,000 per year, How much is 60k a year hourly? I’ve seen different numbers depending on taxes and hours worked. Is it around $28–$30 per hour before deductions?

Zoho Books does have a plan that is always free, which is great for freelancers or small businesses that make less than $50,000 a year. It has basic accounting features like up to 1 user and 1 accountant, 1,000 invoices, tracking expenses, reconciling bank accounts, recurring invoices...

Gusto is a cloud-based software platform that helps businesses with HR tasks like payroll, hiring, and employee benefits. It handles tax filing, direct deposits, and compliance automatically, and it also has tools for onboarding and keeping track of time. Gusto is made for small and...

Yes, most workers and employers in the U.S. have to pay OASDI tax. It pays for Social Security benefits like retirement, disability, and survivor programs. Unless they meet certain conditions, both parties must give a certain percentage.

Hey everyone! 👋 I’m looking for realistic and legit ways to make money quickly, not scams or “get rich overnight” stuff. What are some fast methods you’ve tried—like freelancing, selling items, gigs, online work, or side hustles? Any tips or platforms that worked for you?

The average annual compensation for a Chief Financial Officer (CFO) in India is approximately ₹34-35 lakhs, with a wide variation from entry-level positions (₹12-25 lakhs) to experienced positions in large businesses (up to ₹3 crore or more). The size, location, industry, and experience of the...

A virtual CFO is regularly required by small businesses, start ups, and growing companies in the USA because they can not afford a full time CFO but still require professional financial advice. They are useful in budgeting, cash flow, fundraising, financial reporting and scaling in business...

A fractional CFO offers financial leadership services on a part-time basis to companies that do not require the full-time CFO services. They assist in budgeting, predicting, planning, cash flow and financial reporting. Their services facilitate business expansion, planning and decision making...

Rules regarding salary deduction specify what an employer is legally allowed to deduct out of the gross salary of an employee and then the employer is obliged to compensate the remaining amount as the net salary. These inferences are usually statutory (compulsory) and non-statutory (voluntary)...

Payroll variance is the dissimilarity amid the predicted quantity of payroll and the real quantity of cash paid to workers within a pay period. Such variations may be as a result of salary adjustments, overtime allowances, bonuses, attendance variations, tax adjustments or mis-keying of data...

Leaves are the act of receiving money on unclaimed paid leave. Most companies use the following formula to compute it: Leave Encashment = Monthly Basic Salary/ 26 x Unused Leave Days. Where(26) is the number of working days per month. Example: Basic salary: ₹28,600 Unused leave: 12 days...

Gross salary refers to the sum of money that an individual is earning without the deduction of income such as taxes, PF, and insurance. It includes: Basic pay Permissions (HRA, travel, medical, etc.) Bonuses or incentives Gross salary therefore is the amount provided and not the amount taken...

Sage 50 Accounting is a good, well-balanced accounting platform, particularly with small to medium enterprises, as well as those that require more than simple invoicing - be it inventory, suppliers, several clients, and anticipate expansion. It is a good option to use in case of a small business...

Quick question — what are the main benefits of having a checking account? I know it's used for everyday spending and payments, but are there any other advantages like security, budgeting, rewards, or easier money management?