Category: Bookkeeping

  • The Best Check Writing & Check Printing Software

    PrintChecks Pro offers an easy-to-use check writing, editing, printing, and checkbook management system suitable for various business needs. This software allows you to manage your checkbook and print accurate MICR-encoded checks using your mobile device, PC, or Mac. Online Check Writer, created by a small business owner in Texas, offers a comprehensive and secure way […]

  • Everything You Need to Know About W8 Forms

    A Chinese student who qualifies for this exception (under paragraph 2 of the first protocol) and is relying on this exception to claim an exemption from tax on his or her scholarship or fellowship income would complete Form W-9. You may check the box in this line 6b if you are an account holder https://joomlablog.ru/stati/sobstvennoe-prilozhenie-na-osnove-platformy-joomla […]

  • How to Calculate Net Assets in a Statement of Activities and Changes in Net Assets The Motley Fool

    These 5 Main Benefits of Accounting Services for Nonprofit Organizations disclosures help stakeholders understand how the organization is managing its long-term financial resources to support its mission. When it comes to understanding the differences between unrestricted net assets and restricted net assets, it is crucial to delve into the various types of restrictions that can […]

  • Contribution Margin Ratio Formula, Calculation, and Example

    And you can also compute the variable expense ratio, which is the percentage of variable expenses divided by sales. To calculate contribution margin, a company can use total revenues that include service revenue when all variable costs are considered. For each type of service revenue, you can analyze service revenue minus variable costs relating to […]

  • The Best Accounting and Bookkeeping Software for Churches

    Here’s my pick of the 13 best software from the 31 tools reviewed. Joshua Gordon is a lay-pastor, author, and editor of TheLeadPastor.com. Over the last two decades, Josh has worked closely with pastors and other christian leaders, helping them to sharpen and elevate their messages. Today, Joshua pastors at New Life Fellowship, a thriving […]

  • How to Do Accounting for Your Construction Business 8 Steps

    Calculating revenue can be difficult without the right information, especially when your firm works on multiple projects. All costs must be tied together in bookkeeping, including expenses from labor, equipment, materials, transportation, and insurance. Change orders often arise during construction, requiring real-time adjustments to project budgets. Accurate change order tracking ensures financial records reflect the […]

  • Break-Even Analysis: Formula and Calculation

    Again, looking at the graph for break-even (Figure 3.8), you will see that their sales have moved them beyond the point where total revenue is equal to total cost and into the profit area of the graph. The break-even point allows a company to know when it, or one of its products, will start to […]

  • Enhancing Vendor Master Files for Effective Data Management

    Accurate, clean vendor master data allows for the smooth implementation of technology income summary and integration among ERP and e-sourcing tools. It becomes easier for employees to maintain vendor accounts, track the digital supply chain, and stay compliant with tax reporting and other regulations. And, vendor master data helps companies be more agile in emergency […]

  • Debt to Equity Ratio: Overview, Uses, Formula, Calculation, Interpretation, Limitations

    On the other hand, industries with low d/e ratios, such as wholesalers and service sectors, are less impacted. Economic conditions greatly affect a company’s debt to equity ratio. But, when the economy slows down, companies often cut their debt, lowering their d/e ratios. How to Calculate Debt to Equity Ratio? Gain insights into how investors […]

  • How to Calculate Contribution Margin Overview, Formula, Examples

    Alternatively, the company can also try finding ways to improve revenues. However, this strategy could ultimately backfire and hurt profits if customers are unwilling to pay the higher price. Say that a company has a pen-manufacturing machine that is capable of producing both ink pens and ball-point pens, and management must make a choice to […]