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How Does QuickBooks Calculate Interest When Assessing Finance Charges?

1,383 views

thequickbooksdude

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

95%
  • 8:00 / 8:24

Speech Rate:

  • 143 wpm - Conversational

Category:

  • Education

Tags :

Intro:

Special thanks to The Free Dictionary for providing us with the information used in this web page

Video Vocabulary

percentage

/pərˈsen(t)ij/

percentage
noun

Part of a whole divided into hundredths.

balance

/ˈbaləns/

balance
noun verb

Money remaining after paying costs. To be steady by having equal weight on both sides.

assessment

/əˈsesmənt/

assessment
noun

Conclusion, opinion formed after due consideration.

meaning

/ˈmēniNG/

meaning
adjective noun verb

expressive. Idea or thing represented by words or sentences. To have a particular intention or value.

results

/rəˈzəlt/

results
noun other verb

consequence, effect, or outcome of something. Final scores of competitions, elections or games. To be the outcome of other causes and effects.

multiply

/ˈməltəˌplī/

multiply
verb

add number to itself specified number of times.

records
records
noun other verb

thing constituting piece of evidence about past. Highest or most extreme levels achieved. To put music, sounds onto a device to store it.

setting

/ˈsediNG/

setting
noun verb

Place where something happens or is located. To make a clock state or ring at a particular time.

finance

/ˈfīnans/

finance
adjective noun verb

Concerned with money. management of large amounts of money. provide funding for.

exactly

/iɡˈzak(t)lē/

exactly
adverb

No more and no less than; precisely.

calculated

/ˈkalkyəˌlādəd/

calculated
adjective verb

done with full awareness of likely consequences. To find an answer using mathematics.

charges

/CHärj/

charges
noun other verb

price for goods or services. Amount of money you pay for services. To put electricity in a battery.

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