We’re always hiring and have been repeatedly honoured as one of the best places to work in the industry. Visit the Yardi careers page to find your fit on our winning team. Yardi Breeze Premier is intuitive and easy to use.We love the built-in accounting. Accept applications and execute leases completely online with RentCafe. Follow […]
Inventory and COGS Accounting for eCommerce Sellers
So you are doing accounting directly in the inventory account. This calculation measures the difference between your buy price and sell price. It is important to calculate COGS monthly if you have a high turnover. All of our accountants have either accounting or finance degrees and are Certified Public Accountants (CPA) or Certified Management Accountants […]
The Ultimate Small Business Accounting Checklist
This evaluation should look at your profitability, profit spending habits, asset stability, and the difference between revenue and expenses. The goal is to identify any trouble areas and make adjustments that will help the business be more profitable. The IRS and states that have income taxes require you to pay estimated income taxes. Review your […]
Value Reporting Form: What It Is, How It Works
The reporting form requires the insured business to report the shifting values of inventory periodically. In turn, the insurer automatically adjusts the amount of insurance on the inventory, as long as the contents in the report are accurate and are provided on a timely basis. A. Reporting for the 2011 calendar year (meaning the Form […]
Contribution Margin Overview, Guide, Fixed Costs, Variable Costs
The variable costs to produce the baseball include direct raw materials, direct labor, and other direct production costs that vary with volume. The contribution margin ratio (CMR) expresses the contribution margin as a percentage of revenues. It provides one way to show the profit potential of a particular product offered by a company and shows […]
In-house vs Virtual CFO Services Which One Best Suits Your Business?, ETCFO
If your current full-time CFO does not have specialty experience, seeking outside help often proves a good bet. Some CFOs acquire specialty expertise in a given business field, making them a better fit for some companies or one-off projects. For example, financial software systems implementation and mergers and acquisitions represent two of the more common […]
Direct material cost definition
Using standard costing on direct materials, a business can also plan for future sales and predict profitability under the assumed conditions. Direct material cost fluctuates a lot from unstable purchasing conditions and unpredictable manufacturing controls. The manufacturing costs are uncertain as they are affected by production processes and purchases of raw materials. Businesses allocate the […]
6 Most Common Accounting Errors
Besides human errors, accounting mistakes are often the result of complex transactions, misunderstanding of rules, and inadequate training. Accountants can identify these errors by examining the mismatch between checks and balances. The best way to solve a reconciliation error is to reconcile the accounts once more and account for all transactions. Learn the common types […]
What is Visual Merchandising and Window Dressing?
To see this, let’s consider the example of an enterprise that has been operating throughout the year with a negative bank balance. The basic idea of window dressing is to mislead shareholders and investors by presenting a favorable picture of the organization’s performance. Window dressing doesn’t typically involve making genuinely false representations that will violate […]
It’s Bookease, LLC Better Business Bureau® Profile
Once you have selected someone, ask about their service fees and confirm their availability. Then provide them with all the documentation they require, including W-2s, 1099s and more. Always ask to review the paperwork before it is submitted, and never sign a blank tax return. On this call, we’ll connect your accounts to Bench, and […]