ContentProfessional ServicesShould You File A Tax Extension?Work Opportunity CreditHow Do I Know My Sales Tax Reporting Period?Key Tax Deductions For Your Small BusinessTop 25 Small Business Tax DeductionsManage Your Business
People who are fully self-employed pay both parts themselves. An additional 0.9% Medicare tax rate applies if income is above a certain threshold amount. Note that […]
ContentConstruction ManagementSoftware FeaturesGeneral Ledger Details:General Ledger Accountant Duties And ResponsibilitiesHow Does A General Ledger Work?
It’s essential that you always have accurate financial information at all times, giving you a way to move forward in a productive, effective manner. A sales account has information relating to revenue sales, returns and allowances from business operations. Small businesses […]
ContentUnrestricted FundsCurrent RatioCondensed Financial StatementDate of Auditors’/Accountants’ ReportContra Account
FixedAsset- Any tangible ASSET with a life of more than one year used in an entity’s operations. Excess of actual REVENUE over projected revenue, or actual costs over projected costs. Circumstance where a business receives more money from a factor than thevalueof the RECEIVABLES, which is aloanagainstinventoryin […]
ContentDetermine Which Employees Are Full Time vs Part TimeHow to Calculate the Full Time Equivalent (FTE) in 4 StepsHow to calculate FTEsDefinition of a Full Time Exempt EmployeeFTE Calculator — Excel TemplateWhy Calculate the Full Time Equivalent?Employee Demand Forecasting
Compute the number of hours worked by full-time employees per period. A full-time employee full time […]
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In addition, if you work with external accounting professionals, you don’t have to worry about payment approvals. Once the bookkeeper logs the bills in your accounting software, you can simply access them on Plooto, anytime, anywhere, check if everything adds up before giving the […]
ContentAccount TypesDo you have any double-entry accounting examples?Chart of AccountsOnly Double-Entry Accounting Meets Certain Business Needs
Money flowing through your business has a clear source and destination. It looks like your business is $17,000 ahead of where it started, but that doesn’t tell the whole story. You also have $20,000 in liabilities, which you’ll have to […]
ContentFunction of CashOrigin of the word ‘cash’FINANCERelated WordsDictionary Entries Near cash
Definition and synonyms of cash in from the online English dictionary from Macmillan Education. In a 1786 James Gillray caricature, the plentiful money bags handed to King George III are contrasted with the beggar whose legs and arms were amputated, in the left corner.
These gold […]
ContentBookkeeper jobs in ColoradoRemote Accountant (Virtual Bookkeeper PART-TIME) – Denver, C…ProvidersGrosser and Company CPA
Business owners choose to close and sell their businesses for a variety of reasons, including retirement, partnership disputes, boredom, illness/death and lack of profitability. Selling your business will affect your income as well as your lifestyle. Provide reports on inventory turnover, return […]
ContentWhat Is A Plantwide Overhead Rate?In What Way Are Departmental Overhead Rates Similar To A Single Plantwide Overhead Rate How Are They Different?Manufacturing Overhead:Overview Of Departmental Overhead Rate In Managerial AccountingCost AccountingHow To Calculate The Overhead Of A Department?
These include producing departments and service departments. Producing departments convert raw, or direct materials into finished products.
For […]
ContentStep 2: Determine Beginning InventoryWhats The Difference Between Cogs And Cost Of Revenue?Cost Of Goods Sold Cogs: What Is It?Our ServicesHow To Lower Your Cost Of Goods SoldCogs & Margin
If a business purchases a greater portion of raw materials, it may be able to get a better price. This reduces the cost of raw materials […]
