دسته: Bookkeeping

Now let’s look at some ways that construction business owners, credit managers, and office managers can improve their company’s cash flow. The good thing about this list is that all these ideas are things you can do yourself, and they don’t require changing your customers’ payment habits. Green construction can involve utilizing energy-efficient equipment, implementing…

Target specific audiences based on demographics, interests, and behaviors. These days, you cannot hope to sell a book without the help of social media. Use social media platforms like Facebook, Twitter, Instagram, and even YouTube to get in front of your audience in a personal and authentic way. Once you decide when you’ll release your…

Juni’s expense management features are especially valuable for users who have multiple receipts coming from different media buying channels and online transactions. With Meta and Google Ads integrations, plus powerful receipt matching, expense management suddenly becomes easy. On top of that, you can also manage your unpaid invoices and accounts payable processes within Juni, bringing…

You can check your Facebook/TikTok/Snapchat campaigns and see if they are profitable or if they are losing you money. For example, cost of goods, shipping costs, transaction costs, VAT, and maybe other costs. If you spend €10 to sell a €10 product, Facebook/TikTok/Snapchat will indicate a ROAS of 1. Then in the second part of…

Certainly there is no right answer here — both direct and indirect procurement have their own unique set of challenges, and they can differ greatly from industry to industry, and company to company. In the meantime, the procurement team is focused on other important things — negotating lower costs on office supplies, travel expenses, or…

Management can then use this information to make informed decisions about the allocation of resources and the management of risks. For example, adjusting entries, such as depreciation, amortization, and payroll accruals, would all be posted as adjusting journal entries. You may also have additional entries, such as bank fees and interest earned, that will need…

For example, a retail business may have a higher level of inventory during the holiday season, which could impact its ratio of assets to liabilities. Further, a company may need to borrow more during slow seasons to fund its operations, which could also impact the current ratio. The resulting figure represents the number of times…

However, because of large sales commissions and delivery expenses, the owner(s) may realize only a very small amount of the gross margin as profit. Therefore, the net income factors in non-operating items such as interest expense, other non-operating costs such as non-recurring losses from inventory write-downs, and income taxes paid to the government. An example…

Large organizations may prefer to use a desktop version like this, but it does limit access to only those with the program downloaded onto their system. There is not a cloud feature readily available to access from anywhere. QuickBooks Desktop Enterprise is a good next step for companies that have gotten to large for Intuit’s…

It is important to find a CPA who understands your financial situation and can provide tailored solutions to meet the specific needs of your business. Keep in mind that these are general figures, and costs may vary depending on the specific factors involved. The complexity of your accounting needs and additional services, such as bookkeeping…