Category: Bookkeeping

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Everyone should use the same procedures and processes to make payroll as effective as possible. The most basic plan costs $59 per month per employee for up to 49 employees…

You’ll have to calculate each paycheck for every pay period, making sure taxes are calculated correctly. The last step is making sure both your employees and the appropriate government agencies…

Decreases in assets are recorded by credits, so Cash will be credited for $150. T-accounts t accounts can also be used to record changes to the income statement, where accounts…

For instance, let’s assume your forecasted revenue is $10,000 but the actual revenue is $8,500. In a data-driven world, knowing your variance gives you a clearer picture of performance. The…

Whether you’re looking at a full dataset or a smaller sample, using the right type of variance ensures reliable results. Depending on your data set, Excel offers several functions to…

From financial transactions to real-time insights, contractors can get what they need to help improve their business growth. Using accounting software for contractors will not only help you scale your…

Contact us now to find out how we can help your business reduce taxes and improve profits. Quarterly newsletter providing updates of competitive compensation and benefit levels within the construction…

Determine the ending balances in the Work in Process Inventory accounts of each department. Finished goods can be defined as all those goods held by the business 3 ways to…