Category Archives: Bookkeeping

These will typically be things such as buildings, plants, and equipment. Making adjustments for aging assets gets done through depreciation expenses. This means that the owner will receive some type of https://www.quick-bookkeeping.net/ future benefit from it. For example, it could ...

Well, if the business is large enough, it can benefit from economies of scale, a phenomenon where the average cost of goods sold decreases with an increase in output. Both gross profit and gross margin are key metrics business owners ...

For example, a company may allocate 20% of its revenue to marketing initiatives, regardless of what those marketing initiatives are. For instance, you can use a fixed budget for your ROI marketing efforts to determine how much you’ve spent on ...

In this article, you’ll find the formulas and examples to achieve accurate calculations and mitigate inventory inefficiencies. During that same month, the company logs 30,000 machine hours to produce their goods. The overhead rate is a cost added on to ...

Gusto also has built-in ACA, COBRA, HIPAA and ERISA compliance for benefits administration. If you pay anyone by check, you have to manually print checks Gusto generates. It doesn’t have an option to automatically print and mail physical paychecks. Has ...

It is important for grant recipients to follow deadlines and requirements when accounting for grants in order to avoid penalties or delays. Make sure to keep track of all the paperwork and requirements for the grant. Grant accounting is the ...

Understanding the present value of an annuity allows you to compare options for keeping or selling your annuity. Discover the scientific investment process Todd developed during his hedge fund days that he still uses to manage his own money today. ...

You’ll need to provide your personal information, along with your business details, in order to open an account. Comparing fees, features, and accessibility can help you choose the best business bank account for your needs. While you can do bookkeeping ...

When giving personal data to a company, customers want to be sure that their information will be safe. With around 2,200 cyber attacks happening every day, they have a reason to be concerned. Free trials for B2B companies are usually ...