Close

Bookkeeping

Wholesale Inventory Management Guide Benefits for Wholesalers

Do the wholesale prices offered allow you enough room for a profit with the resale prices you can achieve through your sales channels? Wholesale inventory refers to the finished products that have been purchased by a wholesale retailer – usually in bulk – from another wholesaler or manufacturer. Wholesalers purchase […]

Read More

Cash Vs Accrual Accounting: Whats The Difference?

Let’s look at an example of how cash and accrual accounting affect the bottom line differently. We’ll use a hypothetical web design company, and examine a month of transactions. The accrual method is the more commonly used method, particularly by publicly traded companies. One reason for the accrual method’s popularity is that it smooths […]

Read More

Free Online Bookkeeping Course and Training

It lets you know if your business is making money at a healthy pace, or if you might be struggling to stay afloat soon. Before you start bookkeeping, you need to determine the right bookkeeping method and corresponding accounting method for your business. This content is for information purposes only […]

Read More

Product Costs Types of Costs, Examples, Materials, Labor, Overhead

Siim Kanne is a production management specialist with more than 15 years of experience in customer-facing roles, sales, onboarding, and technical support. His hands-on experience with thousands of clients and involvement in product development has made him a trusted advisor in the manufacturing software industry. Use MRP software to automatically […]

Read More

The Ultimate Small Business Accounting Checklist

The results of all financial transactions that occur during an accounting period are miscellaneous definition and meaning summarized in the balance sheet, income statement, and cash flow statement. The financial statements of most companies are audited annually by an external CPA firm. Understanding where your money goes helps you develop methods to improve […]

Read More

Book Value Per Common Share BVPS: Definition and Calculation

It’s calculated by subtracting liabilities from total assets and dividing the remaining value by the number of outstanding shares. The result is an accounting value that represents what’s left for the shareholders after settling all obligations. Book value per share is a financial metric that represents a company’s total tangible […]

Read More