According to Intuit, the platform marks QuickBooks’ entry into the fintech e-commerce category, which has seen significant growth this year due in part to the COVID-19 pandemic. QuickBooks Commerce is based on the QuickBooks accounting system and has been expanded for ecommerce sales. With the… Read More »Smart Tools Better Business.
According to Intuit, the platform marks QuickBooks’ entry into the fintech e-commerce category, which has seen significant growth this year due in part to the COVID-19 pandemic. QuickBooks Commerce is based on the QuickBooks accounting system and has been expanded for ecommerce sales. With the… Read More »Smart Tools Better Business.
Visit the Delaware Division of Corporations’ online portal for filing annual reports. The corporate-friendly climate in Delaware motivates many people to start their business endeavors in the state. If you’re considering forming a Delaware corporation, you need to be familiar with state regulations and requirements,… Read More »Harvard Business Services, Inc
Job costing, also called project-based accounting, is the process of tracking costs and revenue for each individual project. Job costing looks at each project in detail, breaking down the costs of labor hours, materials, and overhead. This report is crucial for industries like construction, manufacturing,… Read More »What Is Job Costing? Accounting Definition, System & Examples
It’s also important to look for areas where cost savings can be made, such as using more economical materials or reducing labor costs without compromising quality. Materials include all the resources required to complete the project, such as raw materials, tools, and supplies. Labor costs… Read More »How to Do Accounting for Your Construction Business 8 Steps
What if there is a bookkeeping software solution that is so simple that you can learn it from scratch? TallyPrime is a business management software that can take care of all the accounting needs of your business. It is easy to use, simple to set… Read More »How much does it cost you to hire a virtual assistant in 2024?
If you’re bringing in an outsourced controller to help manage your existing team, it’s necessary to carefully consider what this relationship will look like. If you’re the type of person who likes to shake someone’s hand and look them in the eye, the remote nature… Read More »What Is BPO? A Guide to Business Process Outsourcing
At the end of the month, the owner debits unearned revenue $400 and credits revenue $400. He does so until the three months is up and he’s accounted for the entire $1200 in income both collected and earned out. We see that the cash account… Read More »What Is Unearned Revenue? A Definition and Examples for Small Businesses
The conventional approach to retirement planning is fundamentally flawed. It can lead you to underspend and be miserable or overspend and run out of money. This book teaches you how retirement planning really works before it’s too late. Future Value (FV), equal to the sum… Read More »Compound Interest Rate Calculator
The percentage of sales method provides a straightforward way to forecast financial figures. This helps businesses get a sense of their short-term financial outlook. With a revenue of $60,000, she’s not running a corporation, but she should still expect to run into a small amount… Read More »Financial Forecasting using Percent of Sales Method & How to Calculate Projected Retained Earnings