von viktoriaadmin | Aug 16, 2024 | Bookkeeping
While there are plenty of profitability metrics—ranging from the gross margin down to the net profit margin—the contribution margin metric stands out for the analysis of a specific product or service. The contribution margin (CM) is the profit generated once variable...
von viktoriaadmin | Jun 4, 2024 | Bookkeeping
If you’re using accounting software, it may give you the option to connect your bank account so transactions are automatically downloaded and categorized. This can save you some time, although it’s important to periodically check everything manually to ensure its...
von viktoriaadmin | Mai 24, 2024 | Bookkeeping
Whether you’re designing websites or mowing lawns as a side hustle, you are your own business—the CEO of “You Inc.” At least that’s how Uncle Sam sees you. Copy A of Form 1099-NEC must be submitted to the IRS by January 31, regardless of whether you file...
von viktoriaadmin | Mai 21, 2024 | Bookkeeping
Donald Trump overcharged Secret Service agents protecting him and his family for rooms at his hotel in Washington while he was president, a new report from House Democrats alleges. Optimise supplier relationships, streamline contract management and track savings...
von viktoriaadmin | Mai 16, 2024 | Bookkeeping
Wave uses real, double-entry accounting software. Doing payroll manually involves confusing and time-consuming calculations. Not to mention the stress of worrying about making errors and winding up in a tax audit (yikes!). We totally get it—running payroll for your...
von viktoriaadmin | Apr 12, 2024 | Bookkeeping
The horizontal analysis formula can be applied to any financial statement accounts or line items over time. It also includes entire sections of the income statement, such as revenue, expenses, operating income, EBITDA, net income. The primary difference between...