Bank reconciliation is a process that is used to compare the financial records of the company with the bank statement. In accounting, there are possibilities of mistakes happening, which might
In financial accounting, a ledger is an important tool that helps to track financial transactions. After creating a primary journal, separate ledgers are created for different accounts to know the
One of the most important things to do for financial planning in a company is to prepare a budget. By contacting all the departments of a company, the financial manager
Alpha is calculated to compare a stock investment’s performance to the market’s or benchmark index’s performance. Imagine you want to buy a stock, but unsure about whether it will be
In order to understand the condition of a stock in the market, it is essential to calculate beta. As an investor, you might want to assess the risk of the
Discount rates are a common metric in financial calculations. If you are investing an amount of money for a certain period of time, you might want to know the interest
Calculating WACC is an important part of making financial decisions. The formula for calculating WACC seems scary at first, but in Excel, it is easy to calculate WACC using the
When you buy a product, you pay the price that includes GST. You might be interested to know what price you would have to pay if you removed the GST
While buying a product, a customer needs to consider both the price of the product and the tax on the product that they have to pay. In Excel, it is
