by Patricia | Feb 2, 2023 | Bookkeeping
Enforcing company-wide cost-saving policies around printing, travel, etc. further helps minimize overhead. You’ll master the key formulas, learn how to allocate costs properly across departments, see real-world examples, and discover best practices to control...
by Patricia | Ene 13, 2023 | Bookkeeping
If you previously purchased QuickBooks Desktop licensing, you can continue to use the software as long as you like. However, be aware that support for your product will end three years after its release. Unfortunately, QuickBooks is no longer forthcoming with the...
by Patricia | Dic 1, 2022 | Bookkeeping
Be prepared to communicate mainly through email or messaging apps like Slack. Virtual bookkeeping is especially helpful if your business mostly deals with digital transactions rather than cash. While a virtual bookkeeper can handle cash transactions, it’s faster and...
by Patricia | Oct 20, 2022 | Bookkeeping
Cash is essential to run your business successfully and thus by knowing the cash position, you can make informed business decisions. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website....
by Patricia | Sep 19, 2022 | Bookkeeping
This principle ensures that the Accounting Equation stays balanced. So, let’s take a look at every element of the accounting equation. Accountingo.org aims to provide the best accounting and finance education for students, professionals, teachers, and business...
by Patricia | Ago 9, 2022 | Bookkeeping
It’s also highly intuitive—companies generally want to move old inventory first, so FIFO ensures that inventory valuation reflects the real flow of inventory. In contrast, the LIFO inventory valuation method results in a higher COGS so the company can claim a greater...
