What is Inventory Reorder Point in Inventory Management?
Capable manufacturing ERP software can simplify this process by way of automatic reports of sales…
Category: Bookkeeping
Overtime: Who Is Eligible to Be Paid Overtime?
You are entitled to and shall be granted a rest period of at least 8…
How to find transposition errors in a trial balance American Institute of Professional Bookkeepers
A transposition error in the context of business and finance is a significant concern because…
Gross Margin: Definition, Example, Formula, and How to Calculate
As such, it sheds light on how much money a company earns after factoring in…
Gross Profit Overview, Formula, Revenue, Margin
Companies use gross margin to measure how their production costs relate to their revenues. For…
How to Calculate Gross Profit Margin With Example
Another crucial component of the COGS is labor and production costs, which can significantly influence…
The Beginner’s Guide to Bookkeeping
The answer is in your bookkeeping and your bookkeeping should be completed every month. You…
What does a bookkeeper do? Guide to Bookkeeping Basics
A simple savings or cash account can help smaller businesses manage money. Always aim to…
Kansas City Accounting & Bookkeeping Services
It uses mobile and cloud-based technology to allow clients to monitor their bookkeeping whenever they…