Categoría: Bookkeeping

A finished good is an item manufactured or modified by a company from raw materials. There is therefore a change in the condition of the product over time. The term finished product is generally found in businesses in a craft / industrial environment. You order thousands of aluminum sheets with which to make the cans,…

The goal is to preserve control of the company even though both classes enjoy equal rights in organizational profits and dividends. The common stockholder has an ownership interest in the corporation; it is not a creditor or lender. If stockholders want to sell their stock, they must find a buyer usually through the services of…

QuickBooks Online Plus is ideal for businesses that sell both products and services. You can also connect with your accountant, making it easier at tax time. QuickBooks Online Simple Start costs $30 per month, includes only one account user (plus access for two accountants) and does not offer billable hours tracking, bill pay or inventory…

Contrary to what others think that getting bookkeeping services is just another expense, it’s actually not. With updated financials, you are able to take full advantage of all tax deductions available to you. You also don’t have to scramble around looking for receipts on previous transactions. An in-house bookkeeper will cost you anywhere between $40k-$50k…

High earners pay more in taxes, as portions of their income are subject to higher tax rates. ICalculator aims to make calculating your Federal and State taxes and Medicare as simple as possible. Our online Annual tax calculator will automatically work out all your deductions based on your Annual pay. Next, we’ll dive a little…

Companies need to reconcile their accounts to prevent balance sheet errors, check for possible fraud, and avoid adverse opinions from auditors. Companies generally perform balance sheet reconciliations each month, after the books are closed for the prior month. This type of account reconciliation involves reviewing all balance sheet accounts to make sure that transactions were…

Additionally, if non-recurring income components are not appropriately adjusted, it may result in an overstated earnings per share value. A high EPS ratio can indicate that investors have overvalued a company. On the other hand, a low EPS ratio can indicate that investors have undervalued a company. Even if you look at EPS trends, you…

When selecting ADP as your PEO partner, you’ll have the ability to refocus on managing and growing your business. They will handle payroll and taxes, HR management and other aspects of workforce management like education and training. I think the company has used all of the factors that conspire to actually make a more productive…

Specialties include general financial planning, career development, lending, retirement, tax preparation, and credit. CFI is the global institution behind the financial modeling and valuation analyst FMVA® Designation. CFI is on a mission to enable anyone to be a great financial analyst and have a great career path. In order to help you advance your career, CFI has compiled many…

Once March rolls around, it purchases 25 more flowering plants for $30 each and 125 more rose bushes for $20 each. It sells 50 exotic plants and 25 rose bushes during the first quarter of the year for a total of 75 items. In periods of deflation, LIFO creates lower costs and increases net income,…