par Test | Jan 10, 2024 | Bookkeeping
Due to its flexibility and response to marketplace and company changes, flexible budgeting requires ample attention. The disadvantages of flexible budgeting include its time-consuming nature, lack of accuracy, and delays in processing. The variable cost ratio compares...
par Test | Oct 9, 2023 | Bookkeeping
Calculating the breakeven point is a key financial analysis tool used by business owners. Once you know the fixed and variable costs for the product your business produces or a good approximation of them, you can use that information to calculate your...
par Test | Juin 29, 2023 | Bookkeeping
How good a tax return is depends on the quality of information and documentation along with the expertise used when putting it together. The more organized you are, the simpler and easier the tax process should be. An Excel spreadsheet is an excellent tool to help...
par Test | Juin 22, 2023 | Bookkeeping
Ken owns a small manufacturing plant, with administrative offices housed on the second floor. The square footage of the plant is 5,000 square feet, while the administrative offices are 2,500 square feet, with rent for the entire facility $15,000 per month. The most...
par Test | Jan 26, 2023 | Bookkeeping
In the US and the District of Columbia all states except Alaska, Delaware, Montana, New Hampshire and Oregon impose a state sales tax when you buy items or pay for services. Alaska however does allow localities to charge local sales taxes as do many other states. The...
par Test | Déc 26, 2022 | Bookkeeping
Use the templates found here to create your own cash flow statement forecast. Change the dates and time periods to reflect the projection you need to create. Often, the difference between a past balance sheet and a pro forma balance sheet is that the pro forma balance...
