Category Archives: Bookkeeping

(Now, guarantees don’t exist in investing, but this is https://thelaststandonline.com/2018/08/06/it-s-alive-pulaski-zombie-walk-resurrected-a-few/ just an example.) He promises to return your money, plus an additional 50% after one month. If an asset you purchased using your own money falls in value, you can only lose as much as you spent. But if you borrow to invest in an […]

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 […]

Every company follows certain accounting rules to prepare their financial statements, but not all companies follow the same ones. It explains things like how a company recognizes revenue (i.e., when they say they’ve made a sale) or how they calculate depreciation. Without this, it’d be hard to compare how different companies report their finances. Various […]

This principle allows the revenue actually earned during a year to be recognized instead of only what is collected. We will now explain when the business should recognize the revenue for this transaction. This means if a business receives an advance, and they have not yet delivered or transferred the goods, the revenue should not […]

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, […]