Archivio Categoria: Bookkeeping

These amounts are not related to operations, so they’re only present on the balance sheet. Using the indirect method to prepare a cash flow statement is simpler than the direct method, as it relies on existing financial documents. The direct method requires performing reconciliation in order to determine what has been paid and what is […]

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? […]

Social security contribution rates vary from country to country, but mostly include premiums for health, long-term care, unemployment, accident and pension insurance of some sort. Calculate your employer contribution to each of these insurances as well as what you owe in employer payroll taxes. Again, add the calculated amounts to the gross wages, bonuses and […]

Topics will also extend to how to reset commissions for existing policies, editing reconciliation statements, and reports that will be important for tracking commissions in QQCatalyst. He has also served on the National NetVU board of directors and was elected Chair in 1999. Kevin has worked with Vertafore on several R&D committees and beta projects, […]