Whether it makes sense to obtain just one bookkeeping certification or additional tax and accounting software certificates can depend on your niche and the types of services you plan to offer. These reports need to be done regularly, which requires a significant investment of time and effort. The more accurately you record your transactions, the […]
Category Archives: Bookkeeping
Additionally, through Greenwalt University, employees can continue to learn, grow, and develop their skills over time so they’re ahead of all the latest industry trends and best accounting practices. This Indianapolis accounting firm is one that respects diversity and individuality among employees, yet encourages collaboration and a team spirit. This team of Indianapolis CPAs will get to […]
Felt personally attended too unlike other online tax filing giants that I had been using so far. Customize our accounting services to meet your specific business’s financial needs. We can complete your taxes, handle your bookkeeping, prepare financial statements, manage payroll, assist with auditing, advise your financial decisions, and keep things organized. Some clients come […]
This introduces potential inaccuracies and uncertainties in the analysis. It can be arduous to distinguish between the fixed and variable elements, as they often overlap and are not easily separable. This understanding ensures that prices are set at a level that covers costs and an equation of a line for total mixed costs is generates […]
This amount becomes the desired ending balance in the Allowance for Uncollectible Accounts. With NetSuite, you go live in a predictable timeframe — smart, stepped implementations begin with sales and span the entire customer lifecycle, so there’s aging of accounts receivable continuity from sales to services to support. You can use aging to estimate what […]
This can include things like income tax, interest expense, interest income, and gains or losses from sales of fixed assets. Revenue is the total amount earned from sales for a particular period, such as one quarter. Revenue is sometimes listed as net sales because it may include discounts and deductions from returned or damaged merchandise. For example, companies in […]
FIFO will report higher gross profit and net income when the assumption is made that the products that make up COGS are lesser in value since they were purchased in the past. Net profits is one of the most basic measurements in accounting and finance. Obviously, higher profits are almost always preferable to lower profits. […]