Start your journey today and team up with our dedicated bookkeeping for contractor experts who will take care of all your accounting needs. Back in 2018 when there was no COVID to worry about, contractors could simply dial in the cost. The construction service industry has a more complex day-to-day accounting that affects its long-term […]
Express Accounts’ reporting capabilities can help you quickly generate dozens of different financial reports and analyze your company’s revenues and expenses on a customer-by-customer basis. We’ve been testing and reviewing accounting software since 2023, on a mission to make it easier to manage business finances. As financial operators ourselves, we know how critical (and difficult) […]
Some free accounting solutions make that process more convoluted and frustrating than others — bear that in mind when you pick your preferred platform. However, free accounting software usually has limitations when compared to paid versions. Accounting software can be complex, so you’ll want to find something that’s easy to use and install or, better […]
Distinguishing between the two categories is critical because the category determines where a cost will appear in the financial statements. As we indicated earlier, nonmanufacturing costs are also called period costs; that is because they are expensed on the income statement in the time period in which they are incurred. Factory overhead – also called […]
For the past 52 years, Harold Averkamp (CPA, MBA) hasworked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. Therefore, always of the stock consult with accounting and tax professionals for assistance with your specific circumstances. This account is a non-operating or “other” expense for the cost of borrowed money […]
The interest earned from dailycompounding will therefore be higher than three common currency monthly, quarterly or yearly compounding because of the extra frequency of compounds. The easiest way to take advantage of compound interest is to start saving! Compound interest causes investments to grow faster, but also causes debt to grow faster. It’s important to […]
Compound interest has dramatic positive effects on savings and investments. The conventional accounting errors and corrections approach to retirement planning is fundamentally flawed. It can lead you to underspend and be miserable or overspend and run out of money. This book teaches you how retirement planning really works before it’s too late. What type of […]
We’ve helped organizations across the globe navigate nearly every HR and payroll scenario — with ease. If, however, you cannot hire someone as a contractor (for whatever reason), think long and hard before making that hire. Rippling is offering TechRepublic readers a free one-month subscription. This is also your opportunity to learn more about their […]
International tax regulations, local laws, and local currency conversions keep companies from making timely payments to global employees. The solution—outsourcing international payroll services to a top global payroll provider, such as Deel. Global payroll solutions like international payroll software enable companies to pay workers — including employees and contractors — in countries outside the US. […]
This is similar to consumer lending practices where the lender wants the borrower to remain under a certain debt-to-income threshold. A value of 1.0 or higher is good because you can meet all current liabilities with cash from operations. Ultimately, both metrics give investors valuable information about a company’s liquidity and solvency which can help them […]
