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Bookkeeping

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Direct Costs vs Variable Costs: Key Differences & Examples

  • Post author:admin
  • Post published:August 14, 2023
  • Post category:Bookkeeping
  • Post comments:0 Comments

While job costing offers greater accuracy, it’s not always feasible for mass production environments. In some cases, supplier discounts are also factored in, which can help businesses optimize procurement and…

Continue ReadingDirect Costs vs Variable Costs: Key Differences & Examples

When Should a Company Use Last in, First Out LIFO?

  • Post author:admin
  • Post published:June 21, 2023
  • Post category:Bookkeeping
  • Post comments:0 Comments

You will use the prices in this year as a base to interpret changes in the value of the inventory. However, remember, the chosen base year doesn’t influence the dollar…

Continue ReadingWhen Should a Company Use Last in, First Out LIFO?

Best Payroll Software for Small Businesses of November 2024

  • Post author:admin
  • Post published:April 13, 2023
  • Post category:Bookkeeping
  • Post comments:0 Comments

We would send the PD7A form to the client, and they would go on their banking software to pay. The first box would tell them not to include pennies, so…

Continue ReadingBest Payroll Software for Small Businesses of November 2024
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