Trial Balance vs Balance Sheet: Any Differences
byThis temporal perspective can reveal whether a company is improving in its ability to manage cash flow, maintain earnings stability, and build equity for…
Bookkeeping
HubSpot for Startups Financial Projections Template
byBut if you are carefully trying to manage the cash in an existing business, detail matters. Operating cash balance (OCB) is the amount of…
Marginal Cost Formula How to Calculate, Example
byThe answers to these questions significantly influence a company’s financial health and competitive edge. Adam Hayes, Ph.D., CFA, is a financial writer with 15+…
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The Pros and Cons of Just-In-Time Production Techniques
byHowever, JIT is much more than the organized movement of materials and goods in, out, and through the company’s processes. This reduction is achieved…
What is amortization? Definition, formulas and examples
byThe calculation of amortization for a loan involves dividing the total loan amount by the number of payments to be made over the loan…
How To Do Accounting For Your Construction Business Bookkeeping Services Made For Entrepreneurs
byYou’ll also use the contract’s total cost and scope of work to develop the project’s schedule of values, which breaks down individual billable tasks…
Bookkeeping for Medical Practices: 5 Tips for Success
byMedical organizations must stay informed about policy shifts to anticipate financial implications and strategize accordingly. Failure to comply with new regulations can result in…
Employer com expands into bookkeeping services with Bench acquisition
byWhile 1-800Accountant offers less expensive plans that may be useful for businesses that need only tax advice and quarterly reviews, only its most expensive…
How to Calculate Total Manufacturing Cost Formula + Step-by-step Guide
byDirect costs vary with the quantity of products produced, while indirect costs are more fixed and remain relatively constant regardless of production volume. If…
Declining Balance Method of Assets Depreciation Pros & Cons
byIf the vehicle were to be sold and the sales price exceeded the depreciated value (net book value) then the excess would be considered…