Catégorie : Bookkeeping

Outsourcing payroll: A pros and cons guide

Perhaps even more concerning is the increased risk of a breach of sensitive data that outsourcing inevitably brings. While many cloud-based programs for payroll data management use encrypted servers and firewalls for security, they are juicy targets for …

How to Calculate Cost of Goods Manufactured

It encompasses material costs, labor costs, and manufacturing overhead, adjusted for the change in work-in-progress inventory. Manufacturing overhead refers to the indirect costs that a company incurs during production over a specific period. Prime cost is the total …

After-tax Cost of Debt Calculator

Understanding how to calculate the cost of debentures is essential for making informed investment decisions and assessing the financial health of a company. So, the cost of capital is same at 15.63% as it was when the preference …

Chart of Accounts: Definition, Setup & Examples

If necessary, you may include additional categories that are relevant to your business. A chart of accounts gives you great insight into your business’s revenue beyond just telling you how much money you earn. It shows peaks and …

What are accounts receivables aging reports + how to prepare them in 4 steps

Under the accrual basis, a merchandising company that extends credit records revenue when it makes a sale because at this time it has earned and realized the revenue. The company has earned the revenue because it has completed …

Generally Accepted Accounting Principles GAAP: Definition and Rules

Cash flow from operating activities is the sum of cash inflow and outflow from activities 7 little-known factors that go into a home appraisal like collection from debtors, payment to creditors, and taxes paid. This section includes the …