Entries by Harry Best

All About SaaS Sales Commission Accounting under ASC 606

This step involves determining the type of commission, such as straight commission, base salary plus commission, or tiered commission. Then you can identify the commission rate and the sales volume that triggers a commission. A selling expense account shown on the income statement in order to match this expense to the related sales. Many organisations […]

How to Use Fibonacci Retracements

Perform this task by zooming out to weekly or monthly charts, and placing grids across secular bull and bear markets. The analysis only needs to be performed once as long as price action doesn’t exceed the highs or lows of the long term grids. Since currency pairs oscillate between contained boundaries through nearly all economic […]

How to Use Fibonacci Retracements

Perform this task by zooming out to weekly or monthly charts, and placing grids across secular bull and bear markets. The analysis only needs to be performed once as long as price action doesn’t exceed the highs or lows of the long term grids. Since currency pairs oscillate between contained boundaries through nearly all economic […]

What is Credit analysis

Still, banks can also conduct it on individuals who wish to borrow money for personal matters. Historically, senior debt has come with strict maintenance covenants while incurrence covenants were more related to bonds. But over the past decade, however, leveraged loan facilities have increasingly become “covenant-lite” – meaning, senior debt lending packages comprise covenants that […]

Is there a difference between the accounts Purchases and Inventory?

Every investor’s situation and goals are unique, which emphasizes the need to consult a financial professional. If you see an acquiree’s actual working capital plummet below the target NWC, you could very well be staring at an increased investment just to fund post-closing working capital needs. However, a post-closing adjustment could protect you from such […]

How to become a cloud engineer: A cheat sheet

About the role The Senior Cloud Infrastructure Engineer will join the CIDO Data Portfolio to provide technical expertise in the storage and management of CBS data. You will complete tasks to agreed levels of quality, within stated timescales with no … Does the idea of shaping the future of cloud infrastructure sound right for you? […]