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

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

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