How do I calculate my company’s total liabilities?

Business liabilities can include a future service owed to others (such as borrowing from banks, individuals, or other entities) or a previous transaction that has created an unsettled obligation. Common liabilities include accounts payable and bonds payable.

Middesk is unable to serve in an advisory capacity on matters of compliance, nor can we direct customers how to answer questions about their business such as this. If you are unsure of how to calculate this amount, we would suggest reaching out to your payroll provider, attorney, or accountant to assist you with these calculations.