by admin | Sep 12, 2024 | Bookkeeping
While SAP Concur isn’t specifically designed for small businesses, it’s still a good fit for solopreneurs and SMBs looking to automate their AP processes. The platform automates invoicing processes, meaning you can pay suppliers quickly without constantly having to...
by admin | Aug 27, 2024 | Bookkeeping
The business transacted can be between two parties engaged in business and conducting the transaction for their mutual benefits, or between a business entity, like a retail shop, and a customer. Recording all your business transactions can be very time-consuming when...
by admin | Jul 25, 2024 | Bookkeeping
Therefore, be sure to be as precise as possible when determining the values to be used for cash flow projections before calculating NPV. While NPV offers numerous benefits, it is essential to recognize its limitations, such as its dependence on accurate cash flow...
by admin | Apr 26, 2024 | Bookkeeping
Similar to its payroll processing features, Wave Payroll offers just enough employee management and PTO features to be functional. Wave Payroll’s simple, low-cost features may be basic but they’re well-suited for small businesses needing an affordable...
by admin | Apr 11, 2024 | Bookkeeping
This means that the electricity cost has a fixed component of $800 per month regardless of the machine hours. Calculate the fixed cost by subtracting the total variable cost at either the high or low point from the total cost at that point. Let’s look at some...
by admin | Dec 26, 2023 | Bookkeeping
The second transaction deals with the payment for the instruments already received. A delivery van is purchased by a business to use in delivering the contra account purchases discount has a normal debit balance. product and picking up materials. The company uses...
