Bookkeeping

16 november 2022

Gross Profit Formula: How To Calculate Gross Profit Margin

Net profit, also known as the bottom line, is what remains after ALL expenses, including COGS, operating expenses, interest, and taxes, are subtracted from revenue. The […]
14 november 2022

The importance of a statement of shareholders equity for companies

Content How to Determine Shares of Stock for a New Business Cash Flows from Investing Activities Dividends Run » Finance How do you calculate stockholders’ equity? […]
9 november 2022

Fixed cost vs Variable cost Difference and Comparison

Understanding fixed costs is crucial for businesses as they need to cover these expenses regularly, regardless of their production or sales levels. Variable costs vary in […]
7 november 2022

Fixed and variable costs: Definition and examples

Let’s say that XYZ Company manufactures automobiles and it costs the company $250 to make one steering wheel. In order to run its business, the company […]
28 oktober 2022

The 10 Best Online Bookkeeping Services of 2022

Answer a few questions about what matters to your business and we’ll recommend the right fit. If you have employees or contractors, try applying the hourly […]
21 oktober 2022

Check Definition, Types, Components, and Clearing Process

For security, you want to make it as difficult as possible for someone to alter the number you write in this box. Each of the below […]
26 september 2022

Bookkeeping for Insurance Agencies: A Guide to Financial Clarity and Success 2023

For retail agencies, it is best to not include a COGS entry and for any agency engaged in any wholesale operations, the COGS entry should be […]
21 september 2022

Rooks Bookkeeping A Guide to Construction Bookkeeping for

Plus, Buildertrend starts at an affordable $99 a month—but for the first two months only. After that, your price goes up to $299 a month (or […]
28 juli 2022

What is Operating Cycle & How to calculate it? with Formula

Every industry works differently, which means that the length of this operating cycle can vary from one niche to another. Understanding your operating cycle can help […]