by admin | Sep 5, 2024 | Bookkeeping
Do you still have questions about variable costs and how they affect your business profitability? Of course, you don’t want to charge too much and risk losing business to better-priced competition. Using the variable cost formula will help you find the sweet spot...
by admin | Nov 29, 2023 | Bookkeeping
Understanding how the accounting equation works is one of the most important accounting skills for beginners because everything we do in accounting is somehow connected to it. Receivables arise when a company provides a service or sells a product to someone on credit....
by admin | Jul 24, 2023 | Bookkeeping
Grants are equal to the lesser of $10 million or 45% of gross earned revenue in 2019. Grants must be used for specified expenses such as payroll costs, rent, utilities, and personal protective equipment. Any part of your PPP loan that is not forgiven must be paid...
by admin | Jul 21, 2023 | Bookkeeping
Content Do you already work with a financial advisor? Accounting MCQs Ask a Financial Professional Any Question Contingent liabilities True Tamplin, BSc, CEPF® They consist of processes that involve input of data from source documents, processing, output, and storage....
by admin | Jul 21, 2023 | Bookkeeping
Our intuitive software automates the busywork with powerful tools and features designed to help you simplify your financial management and make informed business decisions. Unpaid patient invoices can significantly impact your chiropractic business’s cash flow....
by admin | Jul 18, 2023 | Bookkeeping
An investigation may determine that the company wrote a check for $20,000, which still needs to clear the bank. In this case, a $20,000 timing difference due to an outstanding check should be noted in the reconciliation. For teams on Numeric, the trial balance and...
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