Category Archives: Bookkeeping

Content Controllable Variance Why is variance analysis important? Favorable or Unfavorable Cost Variance- Standard Costing How to interpret a favorable standard cost variance- Standard Costing The Role of Variance Analysis Many companies prefer to use horizontal analysis, rather than variance analysis, to investigate and interpret their financial results. Under this approach, the results of multiple […]

Content How Royalties Work Struggling to set royalty rates? Get examples here What Is a Royalty Agreement? Type 5. Music Royalties Royalty payments: how do they work? Composers made their livings from commissioned work, and worked as conductors, performers and tutors of music or through appointments to the courts. To a certain extent, music publishers […]

Content Bookkeeping Service Top 10 small business accountants near Chicago, IL Service Providers Realtors & Real Estate Agents Online Bookkeeping Reports Ask A Bookkeeper Brilliant Solutions Group stands out from their competitors as being Advanced Certified QuickBooks ProAdvisors as well as Intuit Premier Resellers and Solution Providers. Pasquesi Partners LLC is an accounting firm that specializes […]

Content Further reading History of the at sign LaGulch Kickstarter With Access To Source Code Unsubscribe from unwanted messages Keyboard shortcuts in Mail on Mac Tracking of sent mail Cloud computing, agile software development and DevOps are a holy trinity In contrast to unquoted local-parts, the addresses “.John.Doe”@example.com, “John.Doe.”@example.com and “John..Doe”@example.com are allowed. Email is […]

On the contrary, third parties charge you extra money for customization, which can cause delays in the delivery of your check. If we ask you to rank your bookkeeping capacity from 1 to 10, what would be the score? People miss the score due to a common reason – not maintaining the blank check book […]

Content #2: Xero legal accounting Confidently manage your trust account to meet state bar rules firmTRAK Best Law Firm Websites of 2023 Yes, QuickBooks lets you customize invoices to reflect your practice’s logo, information, and billing rates. You can also schedule invoices to automatically generate and go out to clients on specific dates or at set […]

Content CAC Payback Period = Customer Acquisition Cost / Revenue – Average Cost of Service We need to confirm you’re human. Advantages and Disadvantages of the Payback Period What is Customer Acquisition Cost? Why It’s Important and How to Calculate It What Is the Difference Between the CAC Payback Period and the LTV/CAC Ratio? Example […]

Content Step 1: Determine the financial period over which to calculate the change Example 2: ABC Company Step 3: Add net income Next steps after creating a retained earnings statement Retained earnings vs. net income How to Adjust the Balance on a Profit and Loss Report Since all profits and losses flow through retained earnings, […]

Content What are the possible expenditures treated as factory overheads? What are factory overheads? Chapter 1: Nature of Managerial Accounting and Costs The cost of these items will be included in the cost of goods sold (COGS) on your income statement. Manufacturing overhead is a term that refers to all of the costs of manufacturing […]

Content Intragroup transactions More articles on Business Valuation What are the main challenges and benefits of applying hedge accounting to derivatives? Accounting for Fair Hedge Nil net positions Fair Value Hedge The adjustment to the carrying value of a hedged item is often referred to as a ‘basis adjustment’. When a risky trading position and […]