Category Archives: Bookkeeping

Cost Behavior Analysis: Identifying Fixed, Variable, and Mixed Costs

To visualize the behavior of a mixed cost, it is helpful to graph at least 8 observations. Each observation’s total cost (y) is aligned with the y-axis and is also aligned with the volume amounts indicated on the x-axis. To … Continue reading

Posted in Bookkeeping | Leave a comment

Church Financial Report Guide with Free Templates

Whether you like it or not, financial statements are your best chance to show the financial health of your church organization. They should be compiled from the daily reports of funds coming and going out. All organizations also follow a … Continue reading

Posted in Bookkeeping | Leave a comment

Meru Accounting Reviews Read Customer Service Reviews of meruaccounting com

The team are super efficient and provide a fantastic service. When we have some issues, they respond quickly and provide trusting advice. After my recent meeting, we have agreed to do more bookkeeping and payroll services and hoping it will … Continue reading

Posted in Bookkeeping | Leave a comment

Present Value of Annuity Calculator

The easiest and most accurate way to calculate the present value of any future amounts (single amount, varying amounts, annuities) is to use an electronic financial calculator or computer software. Some electronic financial calculators are now available for less than … Continue reading

Posted in Bookkeeping | Leave a comment

Reasons to Choose B2B Accounts Receivable Outsourcing for Your Business

The Philippines also boasts a large pool of English-speaking professionals and has become a top destination for outsourcing accounts receivable processes. Now that you know the benefits of accounts receivable outsourcing, let’s also examine the common challenges businesses face when … Continue reading

Posted in Bookkeeping | Leave a comment

Payroll Accounting: Definition, Importance & Setup Process

Effective https://savepic.info/2021/page/152/ is very important for all businesses since it directly impacts employee satisfaction, supports financial planning and ensures compliance with the law. From the point of view of strategic financial management, payroll accounting is important in any organizational setup. … Continue reading

Posted in Bookkeeping | Leave a comment

Sales Revenue What Is It, Formula, How To Calculate

For example, proceeds from the sale of an asset, a windfall from investments, or money awarded through litigation are non-operating revenue. When you’re calculating revenue, there are going to be a few different types of revenue to be aware of. … Continue reading

Posted in Bookkeeping | Leave a comment

6 2: Compare and Contrast Perpetual versus Periodic Inventory Systems Business LibreTexts

There are advantages and disadvantages to both the perpetual and periodic inventory systems. Under the perpetual system, managers are able to make the appropriate timing of purchases with a clear knowledge of the number of goods on hand at various locations. Having more … Continue reading

Posted in Bookkeeping | Leave a comment

Cost Per Unit What Is It, Formula, Examples, Vs Price Per Unit

We hope that this guide has helped you to understand how to calculate your product’s unit cost with accuracy. It can help anticipate customer expectations and needs to adjust inventory levels based on that, preventing overstocking or stockouts. Integrating systems … Continue reading

Posted in Bookkeeping | Leave a comment

GrowthForce Nonprofit Bookkeeping Services

We streamline your back office by identifying more efficient workflows, implementing internal controls and separation of duties to eliminate errors and fraud, and defining how data is classified for actionable insights. As leaders in Zero Entry Accounting, we are experts … Continue reading

Posted in Bookkeeping | Leave a comment