by Nathan Collins | Feb 15, 2024 | Bookkeeping
Not all providers will list pricing details publicly, so you may have to contact a representative to receive a custom quote. Regardless of the platform you select, make sure you clearly understand the pricing structure, like whether you’re paying a flat monthly rate,...
by Nathan Collins | Feb 12, 2024 | Bookkeeping
Equip yourself with this financial clarity, and you’ll seize investment opportunities with the sharpest of eyes. These metrics are your compass in the economic wilderness, guiding you towards confident and profitable investment journeys. Understanding these...
by Nathan Collins | Nov 6, 2023 | Bookkeeping
Proponents of perpetual inventory systems don’t always go out of their way to point out the downsides of these systems, the chief of which is the lack of accounting for loss, breakage, or theft. Perpetual inventory systems track sales constantly and immediately...
by Nathan Collins | Jun 15, 2023 | Bookkeeping
Over time, the bond’s price will change, due to changes in interest rates, credit ratings, and time to maturity. When this happens, a bond’s price will either be above its par value (above par) or below its par value (below par). Punctuation and syntax are...
by Nathan Collins | Jun 7, 2023 | Bookkeeping
Instead, total purchases will have to be calculated by adding the ending inventory to the cost of goods sold and subtracting the beginning inventory. Most companies will have a record of supplier purchases, so this calculation may not need to be made. Beginning...
by Nathan Collins | May 24, 2023 | Bookkeeping
This allows for an infinite series of changes in budgeted expenses that are directly tied to actual revenue incurred. However, this approach ignores changes to other costs that do not change in accordance with small revenue variations. Consequently, a more...