According to Fidelity Investments, 51% of people who resolved to improve their finances last year did just that. Better yet, 42% said it was their easiest resolution to stick to. Full-Service Property Management Services, including annual property inspections, full-services rental advertising and timely rental collection. Smoker Bookkeeping Services in Lancaster and Company LLC offers a full [...]

Divide $30,000 by 500 and you have an incremental cost of $60 per unit. If the price offered by the customer is at least this much, management should accept the order. From an economic incremental cost perspective, incremental cost embodies opportunity cost—the value of the next best alternative foregone. Imagine a bakery deciding whether to [...]

This will help you save a lot of time and effort when you are actually filing your taxes. In this section, we bring to you an easy guide you could follow to ensure that you have all the ingredients on your table to cook up a great accounting year ahead. When you have administrative tasks [...]

Payroll accrual can take into account many different sources of expenses for businesses. This might be employee salaries, health care benefits, payroll taxes, or Social Security. To keep tabs on accrued payroll and gain insight into your business’s finances, keep in mind these sources of payroll accrual. To calculate the accrual amount, simply multiply your [...]

Consider a scenario where a project is 50% complete and has incurred 40% of the expected costs. Segregation of duties means that different employees are responsible for different aspects of the bookkeeping process. For example, one employee may be responsible for recording financial transactions, while another employee is responsible for reconciling bank statements. The quick [...]