Category: Bookkeeping

Payback Period Formula with Calculator

28 February 2023 By office staff 0

Unlike the regular payback period, the discounted payback period metric considers this depreciation of your money. The value obtained using the discounted payback period calculator will be closer to reality, although undoubtedly more pessimistic. Payback period doesn’t take into consideration the time value of money…

Obsolete Inventory Allowance

21 April 2022 By office staff 0

When the inventory is finally disposed of the allowance for obsolete inventory is cleared. The expenditure incurred on the purchase of a fixed asset is known as a capital expense. Capital expenditure is a fixed asset that is charged off as depreciation over a period…