Bookkeeping

Direct labor standard rate, machine hours standard rate, and direct labor hours standard rate are some methods of factory overhead absorption. The predetermined overhead rate is used to price new products and to calculate variances in overhead costs. Variances

Gross margin represents the percentage of revenue left after deducting the direct costs of delivering the SaaS service. Direct costs may include hosting expenses, customer support, and any other costs directly attributed to service delivery. Gross margin is an important

Otherwise, monthly pricing starts at $399 and weekly pricing starts at $549 per month. Online bookkeeping services can save business owners both time and money. However, with hundreds of options, it can be daunting to sort through them all and

Net cash flow (NCF) is a metric that tells you whether more cash came in or went out of a business within a specific period of time. Whereas if more money went out, the result would be a negative cash

Construction accounting is confusing—it takes time out of your day that you could spend making money. By teaming up with us, you don’t have to worry about the accounting and you can rest easy knowing it’s being done right. A

By taking charge of the time-consuming setup process, the assistant ensures that QuickBooks is ready to use with minimal effort required from the business owner. By following these steps, you can ensure a seamless setup process and easily manage your

Prior to reconciliation, a company should make sure all transactions have been recorded up to the end of the bank statement. Especially if the accounting department has to chase paperwork and approvals. Ideally, an AP department should reconcile the bank

The revenue contra accounts Sales Returns, Discounts and Allowances are subtracted from the main Sales Revenue account to present the net balance on a company’s income statement. When a contra asset account is first recorded in a journal entry, the

Some of the links that appear on the website are from software companies from which CRM.org receives compensation. If you're leaning towards a cost-effective option or appreciate the adaptability of open-source software, Odoo might be a fit. what is accounts payable

Renowned for their user-friendly approach, Bench combines smart software with professional bookkeeping services to deliver an unparalleled financial management experience. Their standout feature is the intuitive and interactive interface of their platform, which provides clients with a clear, visual snapshot