by admin | Sep 21, 2022 | Bookkeeping
This option is best if you have some idea of your costs predetermined overhead rate but don’t have exact numbers. This information can help you make decisions about where to cut costs or how to allocate your resources more efficiently. Once you have a good handle on...
by admin | Jul 26, 2022 | Bookkeeping
Income tax deductions are expenses that can be deducted from your gross pre-tax income. Using deductions is an excellent way https://www.bookstime.com/ to reduce your Illinois income tax and maximize your refund, so be sure to research deductions that you mey be able...
by admin | May 23, 2022 | Bookkeeping
FloQast Reconciliation Management allows teams to choose each balance sheet account’s most effective reconciliation method. AI-assisted intelligent matching automates the reconciliation process for various use cases, such as bank reconciliations, intercompany...
by admin | Mar 1, 2022 | Bookkeeping
When the company engages in transaction analysis, it has a greater chance of maintaining a well-balanced accounting portfolio. Most often, analysts will use three main techniques for analyzing a company’s financial statements. The accounting equation is the foundation...
by admin | Feb 4, 2022 | Bookkeeping
Assume Company A invests $1 million in a project that is expected to save the company $250,000 each year. If we divide $1 million by $250,000, we arrive at a payback period of four years for this investment. For example, if solar panels cost $5,000 to install and the...
by admin | Jan 25, 2022 | Bookkeeping
In studying “Analyzing Statements of Cash Flows I” for the CFA, you should aim to understand the components and purpose of cash flow statements, focusing on their role in financial analysis. Learn how cash flows from operating, investing, and financing activities...
