Break even point (BEP) refers to the activity level at which total revenue equals total cost. Contribution margin is the variable expenses plus some part of fixed costs which is covered. Thus, CM is the variable expense plus profit which will incur if any activity…
Bookkeeping
Very small businesses could use it for basic money management, like sending invoices, monitoring financial accounts, accepting payments, and tracking income and expenses. More complex companies can add advanced tools that include projects and proposals, mileage and time tracking, and reports. When customers no longer…
There is no need to download QuickBooks Online because it is connected to the cloud, which means you can access online accounting from any device with an internet connection. You can download the QuickBooks Online mobile app from the Google Play Store or Apple App…
The Form W-7 requires documentation substantiating foreign/alien status and true identity for each individual. You may either mail the documentation, along with the Form W-7, to the address shown in the Form W-7 Instructions, present it at IRS walk-in offices, or process your application through…
These decisions may increase shareholder profits, but stakeholders could be impacted negatively. Therefore, CSR encourages corporations to make choices that protect social welfare, often using methods that reach far beyond legal and regulatory requirements. A shareholder has a controlling interest in a corporation if the shareholder has…
Additionally, presenting amortization expense in financial statements is crucial. These two sub-sections provide solutions for navigating these aspects effectively. Dive into the details of handling amortization expense and learn how to reflect it accurately in your financial records and statements. It adopted a new approach…
It also wouldn’t make sense for small businesses that sell their inventory as a side project to use perpetual inventory. An appliance repair company selling two or three used refrigerators per month has no need to invest in an expensive point-of-sale system. Using perpetual inventory,…
Snapshots are taken daily and then replicated to another physical Right Networks facility for Disaster Recovery. Diamond includes all the features of QuickBooks Desktop Enterprise Platinum edition with the exception of Enhanced Payroll. Diamond also includes QuickBooks Assisted Payroll nonprofit bookkeeping and QuickBooks Time Elite…
You can save it as a draft or a final version and either print it or email it. If you do the latter and have established a relationship with a payment processor, then your invoice can contain a stub explaining how the customer can return…
No, all of our programs are 100 percent online, and available to participants regardless of their location. We expect to offer our courses in additional languages in the future but, at this time, HBS Online can only be provided in English. We offer self-paced programs…
