Most people know and have used Microsoft Excel to some extent, whether that be keeping track of a daily itinerary or creating a calendar for meal planning. There are so many well-known and also ...

If you struggle with money — or you have a specific goal to save money going into the new year — following a budget can help ...

Add your income and expenses to this monthly budget planner, and we'll show how your spending aligns with the 50/30/20 rule. Many, or all, of the products featured on this page are from our ...

Companies prepare the balance sheet and the income statement periodically at the end of each accounting cycle. While a balance sheet relates to a specific date, or a given point within an accounting ...

Marshall Hargrave is a stock analyst and writer with 10+ years of experience covering stocks and markets, as well as analyzing and valuing companies. David Kindness is a Certified Public Accountant ...

An income statement is your business’s bottom line: your total revenue from sales minus all of your costs. Financial data is always at the back of the business plan, but that doesn’t mean it’s any ...

Expenses are the costs of doing business to gain revenues, and they are accrued when they are incurred but not paid in the same period. Since the expense still applies to the period it was incurred, ...

Find a company's periodic interest rate by dividing interest expense by total debt and multiplying by 100. To annualize a quarterly rate, multiply the periodic interest rate by four. Use income ...