Bookkeeping

September 28, 2023

Fixed Costs Overview, Production Costs, Example

By following these tips, you can effectively manage your fixed expenses and ensure financial stability. Automotive expenses like regular oil changes, or your annual registration are […]
September 28, 2023

About Form W-7, Application for IRS Individual Taxpayer Identification Number Internal Revenue Service

We also offer additional resources to answer any questions you may have. Check our other FAQs for more answers or start an online chat with one […]
September 26, 2023

Difference Between LIFO and FIFO with Comparison Chart

Accounting for inventory is essential—and proper inventory management helps you increase profits, leverage technology to work more productively, and to reduce the risk of error. We’ll […]
September 11, 2023

What is the Monetary Unit Assumption? Definition and meaning

Money is assumed stable, relevant and useful for business transactions to be used as unit of measurement. Moreover, the monetary unit assumption facilitates international business transactions. […]
September 6, 2023

FreshBooks vs Wave for January 2024 Accounting Software Programs

FreshBooks offers four plans, and each has specific inclusions and the option to purchase add-ons, such as more team members. There are additional fees incurred for […]
September 4, 2023

Trial Balance: Definition, Example, Purpose, vs Balance Sheet

Here is an example that will help you understand how trial balance is prepared and how to understand the accuracy of the result. In other words, […]
August 30, 2023

What is An Outsourced CFO Everything You Want to Know

Hiring an in-house team can be costly, especially considering that you have to pay them for time off and other benefits. Outsourced CFOs come with broad […]
August 28, 2023

Outsourced finance and accounting services

This process also helps you make an informed decision about whether or not your investment will be worth it. Regarding financial record keeping, accounting and audit […]
August 24, 2023

Summary of upcoming changes to SSAP 26R and 43R Definition of Bond

The principal of a bond is usually either $100 or $1000, but on the open market, bonds may also trade at a premium or discount on […]
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