Using the numbers from the manufacturing example, the gross margin calculation shows a gross margin of $200,000. Gross margin is one of the most important and simplest measures reporting stockholder equity of a business’s efficiency. One common strategy is dynamic...
QuickBooks Plus is the most popular plan for businesses since it includes features such as inventory tracking, project management and tax support. Midsized businesses with several customers or clients might benefit from the ability to track profitability with...
And if you hire a CPA, they can even file business taxes on your behalf. Becoming a licensed CPA requires passing the Uniform CPA Exam and completing continuing education hours each year in order to maintain their certification. Ask a question about your financial...
In the example, if you have $300 in vouchers for office supplies and $140 for transportation expense, add $300 to $140 to get $440 in total vouchers created during the period. In this blog post, we’ll break down how to record a cash short journal entry so that you can...
Outside this important special case, the R squared can take negative values. Usually, these definitions are equivalent in the special, but important case in which the linear regression includes a constant among its regressors. Before defining the R squared of a linear...
Bookkeeping presents what is the difference between corporation and incorporation the past financial performance of your company. In order to plan for the future, you have to have a good understanding of the past. Bookkeeping will give you the clear picture of what...
