Bank Reconciliation with an example
In this article, we cover Bank reconciliation with an example. When we prepare our books, we believe that the same…
Finance
How to change Name on a Bank Account
There could be numerous reasons why one may wish to change his/her name. The most common reason is marriage or…
How to Invest in T-Bills
Treasury Bills or T-Bills are the U.S. government’s direct debt obligations, with a maturity period of 52 weeks or less….
Cash and Cash Equivalents in Balance Sheet
It is necessary to analyze a company’s financial position before making an investment. While reading the Balance Sheet, in the…
Where to find your Bank’s SWIFT Code
For a domestic interbank transaction, we need to know the ABA Routing Number and Account Number of the Receiver. It…
How to calculate Net Worth of a company
In this article, we cover how to calculate Net Worth of a company. Net worth is the difference between the…
Negative Shareholders’ Equity
Negative Shareholders’ Equity is an important measure that can help us determine the financial health of a company. There are…
What is an ABA Routing Number
In this article, we cover: What is an ABA Routing Number. How to find it? When do you need it?…
Stop and Recall SWIFT Transfer
In this article, we cover a bit about how to stop and recall SWIFT Transfer. In most cases, our domestic…
FedNow: An instant payment service
FedNow is an instant payment service. Through it, Financial Institutions (FIs) can let their customers send and receive money instantly….