Financing Terminology Every Business Owner Should Know

Financing Terminology Every Business Owner Should Know

Adjustable Rate Loan: A loan that initially is lower than a fixed rate that can change based on the index plus the margin periodically. It is usually fixed for a certain period of time – typically 6 months up to five years. Amortization– Loan payments by equal...
What is Cloud Accounting Software?

What is Cloud Accounting Software?

Cloud computing accounting software is software that is hosted on remote servers. It provides accounting capabilities to businesses in a fashion similar to the SaaS (Software as a Service) business model. Data is sent into QuickBooks Resource Center “cloud” where it...