Bookkeeping

By doing this, you can work out the labor and material costs to produce a single unit of your product. You need to think beyond profit and loss to manufacturing costs such as the costs of materials, plus the cost to convert these materials into products. This is necessary, for example, to understand how you […]

Latest available version of Intuit Data Protect for your version of QuickBooks is required to ensure proper functioning. Not intended as a file transfer, remote access solution for your QuickBooks file. Intuit Data Protect is not intended as a HIPAA solution and its use will not assist with or ensure HIPAA compliance. Hours exclude occasional

Whether the sales rep wins or loses the prospect, they must lead buyers to a decision. If the customer decides the product isn’t right for them, the cycle may end here. And if the customer signs, the sales rep initiates introductions to the customer’s account manager and customer success team, alongside other resources. During the

It also features a well-laid-out, clutter-free dashboard with individual tabs for sales, purchases, accounting, banking, payroll and reports. We hope this case study and Wave Accounting review provides you with insightful information and analysis to help you decide whether the platform is the best fit for your business needs. Despite several limitations, it still has

The IRS mandates a zero-coupon bondholder owes income tax that has accrued each year, even though the bondholder does not actually receive the cash until maturity. The frequency of the coupon payment is 2x per year, so the bond pays coupons semi-annually. Suppose we’re tasked with calculating the yield to maturity (YTM) on a corporate

If a company issues ad dividend, it may issue cumulative preferred stock. This means that should a company issue a dividend but not actually pay it out, that unpaid dividend is accumulated and must be made in a future period. It is also important to note that preferred stock takes precedence over common stock for

At LBMC, we’re proud to provide outsourced bookkeeping, controller, and CFO services to businesses in Tennessee, Kentucky, Indiana and beyond. Our team has experience across a wide variety of industries, from well-established construction and real estate businesses to new companies in emerging markets including the brewery and hemp industries. Partnering with an outsourced controller gives

Depending on both the entity that has requested the W-8 and the entity who is required to complete it, there are a number of different variations of the W-8 form that you may need to complete. If you’re a non-US citizen and a non-US resident (known as a non-resident alien) who has earned money in

The statute and regulations that govern the preparation of financial statements extend to many hundreds of pages. Dummies has always stood for taking on complex concepts and making them easy to understand. Dummies helps everyone be more knowledgeable and confident in applying what they know. With economic globalization, the unification of accounting standards is essential.

Over 75% of small and mid-sized businesses who use cloud-based accounting software use QuickBooks Online (QBO). When you use cloud-based accounting software, you don’t have to have a designated computer. Our Accounting for Startups Silicon Valley Bank clients love being able to see how their business is doing at all times, regardless of their location.