Category Archives: Bookkeeping

As your startup scales, you’ll need more extensive accounting services. Our entry-level package gives early-stage founders the accounting expertise they need. Creating multiple hiring plans for different amounts of funding raised is a good idea. You want to give investors the impression that you will be successful regardless of whether you fundraise. If you raise […]

Companies often use dynamic pricing, adjusting prices based on real-time data and market conditions to cover conversion costs and maximize revenue. Conversion costs are calculated in order to know the cost per unit, which assists the company in deciding a price for the product. By monitoring and controlling the cost of conversion, manufacturers can ensure […]

Therefore, all expenses can be considered as costs, but not all costs are necessary expenses. Expenses are the cost of operations that a company incurs in order to generate revenue. It is simply the cost that a company is required to spend on the day-to-day operation of its business. A typical example of expenses includes […]

This section also asks for the number of dependents, which can influence your taxable income and potential deductions. The total of all the calculations on Form 1040 determines your taxable income. Based on your tax bracket, the IRS uses that total to calculate whether you have already paid all the taxes you owe, paid more […]

Online business debt management has become widely popular because it meets the specific needs and challenges faced by … Additionally, multiple worker reviews about Accountant report dissatisfaction about being forced to get customers into high-stress one-on-one calls. These were disguised as consultations, when in reality they were sales calls. The workers were coached on pressuring […]

A regional airline, looking to add routes, enters a lease agreement on an Airbus A320. A franchisee opens a drive-through restaurant and agrees to pay 5 percent of sales to Wendy’s Corp. During the GFC, many investors experienced losses related to private label RMBS, CMBS, and MBS-backed CDOs. With support and resistance levels established, the […]

While we love the entrepreneurial spirit here in the US, we know one thing to be true. Many people who start a business have zero clue how to run the financial side of things. You, with support from P3’s industry experts, will aid businesses in reducing their spending in categories such as utilities, waste management, […]

Here we will be discussing jobs after biomedical engineering, how to get a job in biomedical engineering, biomedical engineering scope, and salary. AICPA, world’s largest accounting organization, administers the CPA exams. Candidates need to pass all four CPA examinations to get membership in the AICPA. The 55-state board of accountancy in the United States who […]

This means you already paid for the goods or services that you’re yet to receive. In this case, someone still owes you the goods and services you paid for. Differently than accrued revenue, deferred revenues happen when a customer has paid for a good or service you haven’t yet provided. When using accrual accounting, you’ll […]

A cash flow statement contains three sections; the operating activities, investing activities and financing activities. Plus, the direct method also requires a reconciliation report be created to check the accuracy of the operating activities. The reconciliation itself is very similar to the indirect method of reporting operating activities. It stars with net income and adjusts […]