post thumbnail

How Does Preferred Stock Work?

This gives ExxonMobil excellent financial flexibility in the energy space. The health of the U.S and global economy is paramount to ExxonMobil’s success. If predictive indicators prove accurate and the U.S. dips into a recession in 2024, demand for oil and natural gas would be expected to decline. Since crude oil and natural gas spot

post thumbnail

How to account for customer advance payments

Moreover, automated billing systems can provide real-time data on billing activity, giving businesses greater visibility and control over their billing processes. This can help businesses identify and address errors or discrepancies quickly before they lead to larger problems. To properly document the advance payment in your financial records, it is necessary to debit the cash

post thumbnail

Intuit Introduces QuickBooks Solopreneur, an Easy-to-Use Financial Tool Built for One-Person Businesses

With 100 million customers worldwide using TurboTax, Credit Karma, QuickBooks, and Mailchimp, we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible. Please visit us at Intuit.com and find us on social for the latest information about Intuit and our products and