Ryan Sheehy
Being offered a salary paying job can be an exciting time, but what is that amount to be per hour? To convert a salary wage to an hourly rate, apply the following calculation: divide the annual salary amount by 52.18 and then further divide that number by 38 hours per week. The final number is …
I received a statement in the mail recently, which showed I had an unpaid invoice that was now “in arrears“. What on earth did that mean? The term arrears is a popular accounting term which simply means that payment is overdue. Typically, an invoice is issued with a due date on it, and once that …
When I started working as a casual cleaner at the tender age of 12, I received a whopping $2.00 per night. It would end up taking me several more decades before I could earn a salary that ended up eclipsing 6 figures. But how much is 6 figures? A 6-figure salary is where you are …
Back in 2010 my wife and I, after we got married, settled into a little one-bedroom, one-bathroom granny flat at the back of a friends’ property in the middle of Sydney. Rent in Sydney was expensive at the time, and our goal wasn’t to stay there long term, but to save as much money as …
When you start using Quickbooks Online to track your finances, you will have connected your bank accounts, credit cards and other facilities to automatically fetch these transactions to classify. The purpose of performing reconciliation is to answer the question: how do you know your account balance in Quickbooks is correct? The process of reconciliation is …
Quickbooks is a powerful, yet simple, accounting software. It’s best for people with limited experience in accounting that want to track their personal finances. It has many features that can make the process of starting to manage your money easy and painless. One such feature is its ability to import data from other sources like …