Bookkeeping
Accounting Equation Overview, Formula, and Examples
The fundamental components of the accounting equation include the calculation of both company holdings and company debts; thus, it allo...
Reconciliation accounting Wikipedia
The reconciliation process is required in accounting because it assures the integrity and accuracy of financial statements. If there ar...
How to Calculate Direct Labor Efficiency Variance? Definition, Formula, and Example
Brad invented NoTuggins, a revolutionary dog harness that stops dogs from pulling when connected to a leash by humanely redistributing ...
Break Even Point BEP Formula + Calculator
Achieving a competitive price and upgrading the quality of your product will also boost sales, therefore reducing BPE. It’s a useful re...
TurboTax for Tax Year 2023 is Now Available 2023 TurboTax® Canada Tips
You can file your self-employed taxes for free using IRS Free File if you have an adjusted gross income (AGI) of less than $73,000. Her...
Period Costs Definition, Example, Impact on Income Statement
These costs are easily traceable to individual units of production. Depreciation represents the loss in value of fixed assets like mach...
Heres how people can request a copy of their previous tax return Internal Revenue Service
Unlike a full tax return, transcripts are available for the previous three years only. When you mail a tax return, you need to attach a...
Profit and Loss Statement P&L
The non-exchange revenue is recognized when collected and adjusted for the change in amounts receivable. Below is a video explanation o...
Excel Tutorial: How To Create Invoice In Excel With Formula
For a flat monthly rate, you can download and use as many premium Microsoft Excel invoice templates as you want. You don't have to...
Finance vs Operating Leases: Whats the Difference?
This works well with companies who want to get the benefit of purchasing equipment but don’t want the negative impact on cash flow...