"What is goodwill in accounting"

A Super Simple Guide to Goodwill in Accounting

If you’re new to accounting, goodwill isn’t what you expect it to be (at least for me it wasn’t!). Goodwill can often be the cause of many headaches and arguments in the buying and selling of a business, this is all down to its nature, find out what that is inside!

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Fixed Assets Vs Current Assets b;log header image for Brixx Software

Fixed Assets vs Current Assets: What’s the difference?

If you’re new to the balance sheet, understanding each of its components can seem like an overwhelming and complicated ordeal. So, today we’re going to tackle some of the most frequently misunderstood components of the balance sheet, fixed and current assets. First, we’ll break down fixed and current separately and explain their categories, then we’ll draw the differences between the two. 

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balance sheet template - money balancing on table blog post header imag4e for Brixx Software

Free Balance Sheet Template (Google Sheets & Excel)

Get a free balance sheet template on us! Using a simple, easy to understand structure with automatic formulas, charts and an explanation of each line, if you’re looking to build a balance sheet forecast, there really is no better place to start than with our template, you’ll be forecasting your balance sheet in no time!

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Weighing scaled depicting why a balance sheet needs to balance

Why Does a Balance Sheet Need to Balance?

The balance sheet is packed with financial information crucial to understanding the health of your company. However, for a lot of people, it’s one of the hardest financial statements to get to grips with. Even the most fundamental pillar of the balance sheet, why it needs to balance, eludes many of us. 

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