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ACH return codes

Recourse for improper reversals will be able to be handled through the ACH return process. It is possible to receive an advance notice of an impending ACH Return by consuming this webhook ACH Return Preview. This means the customer who initially authorized the ACH payment has revoked their authorization. This code is used when a […]

What are financial statements?

While one statement might indicate the good performance of a company, another might show a different result. Thus, studying different types of financial statements and analyzing each of them to come to a reliable and proper conclusion is a must. Here are the main financial sheets that are prepared by most companies. Earnings before interest […]

Salvage Value Calculator

If the assets have a useful life of seven years, the company would depreciate the assets by $30,000 each year. The company pays $250,000 for eight commuter vans it will use to deliver goods across town. If fixed assets the company estimates that the entire fleet would be worthless at the end of its useful […]

A Step-by-Step Guide to Master Financial Statements

Calculated using the discount rate for each lease and recorded as a component of rent expense within Operating Income. Operating lease interest is added back to Operating Income in the ROIC calculation to control for differences in capital structure between us and our competitors. Full-year 2025 GAAP EPS may include the impact of additional discrete […]

Is Inventory Credit Or Debit In Business?

The balance sheet formula, or accounting equation, determines whether you use a debit or credit for a particular account. The balance sheet is one of the three basic financial statements that every owner analyses to make financial decisions. Business owners also review the income statement and the statement of cash flow. Understanding whether merchandise inventory […]