30 Nov
Cost of Goods Sold, or COGS, is the amount of money a business pays to produce the number of goods sold in a given period. The products that are left in the warehouse are called remaining inventory. Although using the LIFO method will cut into his profit, it also means that Lee will get a […]
READ MORE15 Sep
You also have the option to build a Custom Plan that offers controller support, and fractional CFO services. IgniteSpot Accounting boasts a more personalized approach to outsourced accounting services. Its bookkeeping packages include certified virtual bookkeepers and a dedicated accountant for your business. You can choose hourly fees ($125/hour), monthly pricing starting at $349/month (normally […]
READ MORE26 Aug
We looked at dozens of third-party user reviews to see if the providers live up to their marketing claims. This helped to gauge the quality of each product further and provide deeper insights into what each does well—and where they fall short. Here are the metrics we used to evaluate the leading accounting software companies. […]
READ MORE29 Jun
The comparison between accounting vs bookkeeping is not about determining which is better, as they are complementary functions within the financial management process. Both bookkeeping and accounting play crucial roles in maintaining accurate financial records, but they have distinct focuses and responsibilities. For example, both accountants and bookkeepers may be responsible for ensuring the accuracy […]
READ MORE28 Jun
If Sarah had looked at her cash flow each month, she might have caught issues early, rather than scrambling when things got tight. Try Shopify for free, and explore all the tools you need to start, run, and grow your business. If you haven’t already, don’t forget to grab your free cash flow template. If you […]
READ MORE29 Apr
The articles and research support materials available on this site are educational and are not intended to be investment or tax advice. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly. As experts in the field; accounting consultants are familiar with the latest technologies in accounting. […]
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