Kategori: Bookkeeping

The primary difference between activity-based costing and the traditional allocation methods is the amount of detail; particularly, the number of activities used to assign overhead costs to products. In practice, companies using activity-based costing generally use more than four activities… Read More

Additionally, even though some jurisdictions allow the issuance of the common stock below its par value, such activity is usually very rare. Common stock is a type of stock that gives the right to the common stockholders to have an… Read More

In some businesses, the bookkeeper sometimes also acts as an accountant. However, your mileage may vary with this approach, as most people who are hired for bookkeeping positions do not have the qualifications to serve as accountants. While accountants usually… Read More

Thanks to our automation, we gather inputs directly from your linked accounts. All the financial insights from your Tempe business are visible on one central dashboard. This user-friendly system enables you to easily understand the financial health of your business… Read More

When inventory is purchased on credit, the Inventory account on the balance sheet increases, reflecting more assets, and the Accounts Payable account also increases, indicating a rise in liabilities. The accurate recording of inventory purchases is fundamental to effective inventory… Read More

He is focused on mentoring his team members to ensure services provided exceed expectations. Greg has a wide range of audit experiences and has worked with clients in real estate, construction, technology, distribution, government and non-for-profit industries. We analyze your… Read More