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 | 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 | Feb 19, 2024 | Bookkeeping
Tax accountants overseeing returns in the United States rely on guidance from the Internal Revenue Service. Federal tax returns must comply with tax guidance outlined by the Internal Revenue Code (IRC). As a result, all professional accounting designations are the...
von viktoriaadmin | Nov 17, 2023 | Bookkeeping
We can illustrate each account type and its corresponding debit and credit effects in the form of an expanded accounting equation. Debit notes are a form of proof that one business has created a legitimate debit entry in the course of dealing with another...
von viktoriaadmin | Okt 23, 2023 | Bookkeeping
Useful life is an accounting estimate and if you find out that it is different from what you initially set, you need to book this change in line with the standard IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors. None, of course – because the...
von viktoriaadmin | Jun 28, 2023 | Bookkeeping
Consider when or why you might need to look back through your financial records for your bank reconciliation, and which method of recording will make the task easier for you based on how you keep your records. Bank reconciliations are like a fail-safe for making sure...
