Category Archives: Bookkeeping

There might be a provision that requires the buyer to leave a building’s original facade intact, for example. As long as they do not break the law, restrictive covenants can be as specific and arbitrary as the parties are willing … Continue reading →

This measures the length of the temples (or “arms”) of your glasses—from the hinge to the tip of the temple. These days I primarily focus my efforts on this site, creating guides and tutorials that I wish I had earlier … Continue reading →

Below is a video explanation of how the income statement works, the various items that make it up, and why it matters so much to investors and company management teams. There are situations where intuition must be exercised to determine … Continue reading →

It is possible that your Second Shift units are more profitable than the First Shift units. Once you drill down, multiple metrics exist to optimize your inventory practices and reduce carrying costs. Customers aren’t the only ones who are disappointed … Continue reading →

Our mission is to empower readers with the most factual and reliable financial information possible to help them make informed decisions for their individual needs. Finance Strategists is a leading financial education organization that connects people with financial professionals, priding … Continue reading →

Think of debits and credits like weights on a scale. One cannot exist without the other, and they are both necessary to provide https://online-accounting.net/ a full financial picture. Here, you would be decreasing the value or crediting an asset account, … Continue reading →

This might be employee salaries, health care benefits, payroll taxes, or Social Security. To keep tabs on accrued payroll and gain insight into your business’s finances, keep in mind these sources of payroll accrual. If you’re a large U.S. publicly … Continue reading →