Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Adam received his master's in economics from The New School for Social Research and his Ph.D. from the University of Wisconsin-Madison in sociology. He is a CFA charterholder as well as holding FINRA Series 7, 55 & [...]

The way it works is the McDonalds Corporation owns the licensing rights to its product names, processes, and distribution network. No other company can call its sandwich the Big Mac without permission from McDonalds. We create reports designed to help you track costs, analyze expenses, and monitor key financial metrics. We help streamline operations, improve internal [...]

Look for systems that offer real-time JIB functionality, allowing for the seamless allocation of expenses and revenues among joint venture partners. For example, midstream energy companies, which deal with the transportation and storage of oil and gas, can benefit from software that tracks all financial transactions related to their operations. The software https://www.bookstime.com/ also facilitates [...]

A/R creates a credit memo and the entire amount is allocated to deferred revenue because no revenue has been recognized. As the credit memo does not change the ratio of earned/unearned revenue, no COGS recognition adjustment transaction is needed as a result of the credit memo. Since the current ratio of earned to unearned revenue [...]

A/R creates a credit memo and the entire amount is allocated to deferred revenue because no revenue has been recognized. As the credit memo does not change the ratio of earned/unearned revenue, no COGS recognition adjustment transaction is needed as a result of the credit memo. Since the current ratio of earned to unearned revenue [...]