Category: Bookkeeping

For instance, in a delivery service company, fuel costs would be an operating expense, changing along with the number of deliveries made. In a manufacturing company, for example, the cost of raw materials increases when more units are produced and decreases…

By taking our course Fundamentals of Financial Reporting you’ll be ready to tackle these and most other accounting scenarios you’re likely to encounter in your practice. Cost of goods and https://www.bookstime.com/ services in an income statement denote the expenses incurred to sell…

Following are the accumulated balances of the figures that impact the ending balance of accounts receivables. Like the trade receivable account, all the balance in individual trade payable accounts transfers to a creditor account. In this post, we’ll explore a detailed…

Below is a break down of subject weightings in the FMVA® financial analyst program. As you can see there is a heavy focus on financial modeling, finance, Excel, business valuation, budgeting/forecasting, PowerPoint presentations, accounting and business strategy. For example, a company…

Though these terms Accounting For Architects signify the types of returns, the motive behind calculating them is different. Within that, though, there can be considerable variation depending on the industry. During 2020, for example, many technology companies generated annual returns well…

Stock repurchases (stock buybacks) occur when a company purchases its shares from the market. This lowers the number of outstanding shares as the company purchases a portion of its stock. The remaining shares increase in value because the same earnings are…

This variance is unfavorable for Jerry’s Ice Cream becauseactual costs of $100,000 are higher than expected costs of$94,500. There are many costs that occur during production that it can be hard to track them all. Variable overhead is typically aggregated into…

Enerpize allows businesses to customize their expense categories to fit their specific needs. Whether it’s for cost of goods sold (COGS), marketing expenses, or employee benefits, users can create or adjust categories as the business grows and evolves. The software integrates…

Expert bookkeepers collaborate closely with tax specialists to guarantee well-structured financial statements for tax filing. Our service will save you time and money by reducing your tax burden to a significant extent. With our streamlined process, we ensure accuracy in the tax…

Struggling with manual bank statement conversions & bookkeeping cleanups? Watch our webinar to see how Michael Kilner from Agent CFO saves hours using DocuClipper. We serve thousands of clients across various industries, so we can apply the best practices for your…