Archivio Categoria: Bookkeeping

This has increasingly become the standard for accounting software in general—it’s also the way Xero and Wave operate. A team of bookkeeping professionals categorizes all your transactions for you, prepares your financial reports, and can answer any questions you may have about your books. The not-so-good news is that this type of integration is very […]

As the cannabis industry continues to grow and mature, regulatory bodies worldwide may update their laws and guidelines to accommodate this unique industry. A potential solution could be the adoption of specialized inventory management software designed for the https://www.bookstime.com/ cannabis industry. In the United States, the Internal Revenue Code Section 280E plays a significant role. […]

Sage Intacct is a good choice for businesses who have outgrown their existing Finance and accounting software such as Sage 50, QuickBooks, Xero, Zoho, Sap Business One and others. Whether you are new to Sage Intacct or an existing customer or partner but have never accessed Sage Intacct training, create your profile today to access […]

As mentioned above, these are pre-tax contributions, so not only do they help you save for the future, they also save you money on your taxes now. The standard deduction, which Oregon has, is a deduction that is available by default to all taxpayers who do not instead choose to file an itemized deduction. We […]

All the amounts in a set of financial statements have to be presented in good faith. Any reported balance that fails this essential criterion is not allowed to remain. Furthermore, even if there was no overt attempt to deceive, restatement is still required if officials should have known that a reported figure was materially wrong. […]

In this situation, the date the liability will be recorded in Your Co.’s books is  March 1 — the date of the Board’s original declaration. Get instant access to video lessons taught by experienced investment bankers. Learn financial statement modeling, DCF, M&A, LBO, Comps and Excel shortcuts. The calculation can be done on a per […]

If you run a one-person business, estimating your gross revenue and net income quarterly may be all you need to stay on track. “P” refers to the price per unit of that product, while “Q” refers to the quantity sold during the period you’re calculating for. Total revenue is the amount of money that a […]

Keep this in mind when forecasting expenses to potentially reduce inventory costs. This is the formula to calculate applied manufacturing overhead in manufacturing. Let’s define manufacturing overhead, look at the manufacturing overhead formula and how to calculate manufacturing overhead. There are many costs that occur during production that it can be hard to track them […]

You’ll have a class to serialize data into JSON and another class to serialize data into YAML. In .__call__(), you take the input function as an argument. Then you create an inner function to process the input function’s execution. How we make money If you have a callable CD with a high interest rate and […]

States that have to borrow money from the federal government to pay unemployment benefits are known as credit reduction states. The Federal Unemployment Tax Act (FUTA) was the 1939 federal law that created a payroll tax to fund unemployment benefits. Most employers pay both a federal and a state unemployment tax. What is FUTA Tax? […]