Archivi della categoria:Bookkeeping

In addition to sales returns, the most common contra revenues are sales discounts and sales allowances. Sales allowances are price reductions offered to persuade customers to accept merchandise with damage or minor defects not serious enough to warrant a return. When a contra asset account is first recorded in a journal entry, the offset is […]

One such metric is cost per unit, or the total cost of producing a product or service. For example, if a company produces and sells 2,000 units for a sale price of $10 and a per-unit cost is $8 for each unit. Examples of fixed costs include insurance, office rent, administrative costs and salaries, overhead […]

NACPB offers practice exams that take the format of the real exam to help candidates see whether they can pass the exam based on their knowledge and work experience. The practice tests are free, so you can take them to see if you are ready to take the certification exam or have an idea of […]

They can also search a knowledge base for answers to their questions or open a support case or live chat session to access TriNet customer support. Besides a fixed monthly cost, online payroll services often charge per transaction or employee payment. This implies that the larger the number of employees, the greater the transaction fee. […]

Content AccountingTools You must cCreate an account to continue watching Streamline the production process Direct labor Overhead Product Final thoughts on product and period costs Examples of product costs include the cost of raw materials used, depreciation on plant, expired insurance on plant, production supervisor salaries, manufacturing supplies used, and plant maintenance. The two calculations give […]

An increase in retained earnings could be a sign of increased dividends in the future; in addition, the increase in cash of 19% could support this conclusion. Common-size analysis enables us to compare companies on equal ground, and as this analysis shows, Coca-Cola is outperforming PepsiCo in terms of income statement information. However, as you […]

Construction cost accounting is a major factor for the success or failure of contractors and firms in the construction industry. We understand there’s a lot to consider, from overall project costs to budgeting for materials, tools, equipment, labor and everything in between. With construction accounting from DB&B, you get more insights with a faster turnaround […]

The incremental cost of $20,000 seems justified given the potential benefits. Relevant costs (also called incremental costs) are incurred only when a particular activity has been initiated or increased. They are always composed of variable costs, which are the costs that fluctuate with production volume. The difference between sales revenue and variable costs; it represents […]

Content Is Now the Right Time to Invest in Commercial Real Estate Prepare Early for Tax Season Cost Savings and Efficiency Insurance Expenses BOOKKEEPING Learn how much a Real Estate Bookkeeper costs! To be considered successful, the company will need to generate a profit of $40,500, or 4.5 percent of revenue. It’s recommended that once your […]

Among the most popular platforms are Procore and Sage 100 Contractor, which offer a wide range of features and benefits that can streamline various aspects of construction management. An experienced construction bookkeeper will be specialized in construction compliance. That could result in improved tax compliance, a decreased likelihood of mistakes or inconsistencies, and better financial […]