Wet Brain: Definition, Symptoms, Causes, Treatment
About 1-2 percent of the population is affected by wet brain, according to research by the National Organization for Rare Disorders. Men suffering from alcohol abuse, between years, are slightly …
Construction Accounting: The Complete Guide for Contractors
Grow your contracting business with our comprehensive services, including job costing, payroll, and CFO-level support. We specialize in reducing taxes and perfecting financials for builders, contractors, and construction businesses, ensuring …
The Direct Write-Off Method: Should You Use It In Your Business?
The direct write-off of bad debt is a method commonly used by small businesses and companies that are not required to use generally accepted accounting principles, or GAAP, to maintain …
Wave: Small Business Software Wave Financial
We totally get it—running payroll for your small business can seem like a daunting task, especially when you’ve got so much on your plate. That’s why a payroll software like …
Reversing Entries Why are Reversal Entries Needed?, Example
The reversing entry will decrease wages payable by $600 and decrease wages expense by $600. Then, when the November payroll is paid in whatever amount, it can be recorded by …
Retained Earnings Formula & Explanation
It can also be calculated without knowing its opening value by subtracting all the dividend payments made during the company’s life from its total net income. Many companies issue dividends …
What is a Sales Volume Variance vs a Sales Price Variance?
However, we need to still calculate it, as well as the two sub Volume variances, which are Quantity and Mix. For information pertaining to the registration status of 11 Financial, …
Wave Accounting Review: Pros, Cons, Alternatives
And FreshBooks doesn’t limit your user number, but it does charge an extra $10 a month per user—which adds up fast. Service or project-based businesses should choose accounting software that …
What Albert Einstein knew about investing
Saving or investing, the amount you earn grows yearly, as past earnings are included in the year’s interest calculation. If you can continue contributing, you’ll also see your earnings growth …
How to Calculate Conversion Cost Formula Example
Without proper control, it can lead businesses into financial ruin if not managed properly by management teams who know what’s best about how much each item should retail for. Conversion …