Category: Bookkeeping

Content Alternatives to a tax advisor Why it pays off to hire a tax professional What are the specific benefits of hiring a CPA over a non-CPA accountant? How do your tax prep fees stack up? Accounting fees based on… Read More

The asset turnover ratio can be used as an indicator of the efficiency with which a company is using its assets to generate revenue. From a pure risk perspective, lower ratios (0.4 or lower) are considered better debt ratios. Since… Read More

Meanwhile, firms in sectors like utilities or manufacturing tend to have large asset bases, which translates to lower asset turnover. Depreciation is the allocation of the cost of a fixed asset, which is spread out—or expensed—each year throughout the asset’s… Read More

Content Minimize stockouts Grow your retail business Importance of calculating EOQ Products How Is Economic Order Quantity Calculated? Advantages & Disadvantages of a Computerized Inventory Management System Other factors that can optimize inventory Safety stock is also often used during… Read More

Content Regularly review and categorize your business expenses The smarter way to have full visibility & control of your suppliers Eight Money Management Tips for Your New Business Tracking business expenses identifies potential cost savings. Record expenses and track income… Read More

This also means you won’t have to waste more of your hard-earned cash on gas following an overly complex route. Once you click “Accept Offer,” you’ll have to review some consent forms, agreeing to a background check. You’re expected to… Read More

CData Connect Cloud uses a straightforward, point-and-click interface to connect to data sources. With the CData ODBC Driver for Xero, you get live connectivity to your Xero data, allowing you to build real-time charts, graphs, and more. Use our prebuilt… Read More

Content Forensic Accountant Let us handle your business and finances and educate you on accounting, tax, and planning along the way. Grab Offer Today Minimize Business Overhead Bookkeeping Services CPAs, CFOs, Controllers & Bookkeepers – Defined & Differences Explained One… Read More

Content Chapter 6: Accounting For a Merchandising Enterprise Contra accounts increase transparency What Is a Contra Account? Contra revenue definition What are the different types of contra accounts? What Is the Difference Between a Sales Return & a Sales Allowance?… Read More

There is less reliance on value and therefore minimal misinterpretation. Agency 902, as the controlling agency, reports the CIST (GL 0045) for funds in the second category. Therefore, any CIST balances on the non-controlling agency’s books are eliminated at fiscal… Read More