Author: Maria Deneuve

Equity Compensation: What It Is, Types, Advantages and Disadvantages, Meaning, Definition

In the world of corporate finance, effective compensation strategies are crucial for attracting, retaining, and motivating talented employees. One such compensation method gaining popularity is equity compensation, which provides employees with ownership interests in the company. In this blog post, we will delve into the concept of equity compensation, exploring …

How to Calculate Overtime For Semi Monthly Payroll

For many employers, semi-monthly payroll is an efficient method for paying their employees. However, calculating overtime pay under this method can be complex. It’s essential to get the calculations right to avoid legal issues and ensure employees are paid fairly. However, it’s not that difficult once it’s understood – it’s …

Are Expenses Liabilities? What Are the Differences?

In the realm of accounting, it is crucial to distinguish between expenses and liabilities, as both terms play distinct roles in financial reporting. Expenses and liabilities are fundamental concepts that reflect different aspects of a company’s financial position. In this blog post, we will delve into the differences between expenses …

How to Find Adjusted Cost of Goods Sold

The cost of goods sold (COGS) is a critical financial metric used by businesses to calculate the direct costs associated with producing or acquiring the goods or services sold during a specific accounting period. However, the COGS figure can be further adjusted to account for additional expenses or factors that …

Can You Overdraft a Payroll Card? Understanding the Limits and Risks

Payroll cards have become a popular method for employers to conveniently and securely distribute employee wages. Similar to traditional debit cards, payroll cards offer employees quick access to their earnings without the need for a traditional bank account. However, questions may arise regarding the possibility of overdrawing funds on a …