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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:

Video Vocabulary

percentage

/pərˈsen(t)ij/

noun

rate or amount in each hundred.

balance

/ˈbaləns/

noun verb

Being stable; having equal weight on both sides. put something in steady position.

assessment

/əˈsesmənt/

noun

action of assessing person or thing.

meaning

/ˈmēniNG/

adjective noun verb

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

results

/rəˈzəlt/

noun other verb

consequence, effect, or outcome of something. Some things produced through tests or experiments. To be the outcome of other causes and effects.

multiply

/ˈməltəˌplī/

verb

To increase in number by reproducing/having babies.

records
noun other verb

thing constituting piece of evidence about past. History of people's past actions or achievements. set down in writing or some other permanent form for later reference.

setting

/ˈsediNG/

noun verb

place or type of surroundings where something is positioned or where event takes place. To put (e.g. a vase) down carefully in a place.

finance

/ˈfīnans/

adjective noun verb

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

exactly

/iɡˈzak(t)lē/

adverb

used to emphasize accuracy of figure or description.

calculated

/ˈkalkyəˌlādəd/

adjective verb

done with full awareness of likely consequences. To make an educated guess about something.

charges

/CHärj/

noun other verb

price for goods or services. Amount of money you pay for services. To run quickly toward someone to attack them.

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