Category: Bookkeeping

For our sub-business, the contribution margin ratio is ⅖, or 40 cents of each dollar contributes to fixed costs. With $20,000 fixed costs/divided by the contribution margin ratio (.4), we arrive at $50,000 in sales. Cost-volume-profit (CVP) analysis is a technique used to determine the effects of changes in an organization’s sales volume on its…

Manage prevailing wage, Davis-Bacon and union payrolls with automatic calculations and minimal entry. While many construction crews are smaller teams that operate locally, some are larger outfits, licensed to operate across state lines. With the increased size and operational area comes added complexity, as labor laws vary from city to city and state to state,…

For bookkeeping and accounting support beyond these templates, get in touch with the Jitasa team. While cash and check contributions are still important for many churches, they’re less significant than they used to be. Besides compiling each of the above documents, there are a few other strategies your church should implement to effectively manage its…

It’s clear that this partnership is more than just a convenience—it’s a strategic enhancement. For CPAs, tax preparation and outsourced bookkeeping aren’t just about managing financial records; they’re about carving out a competitive edge in a bookkeeping for cpas rapidly evolving industry. With outsourced bookkeeping, the risk of errors in financial record-keeping is significantly reduced.…

Accounting Today is a leading provider of online business news for the accounting community, offering breaking news, in-depth features, and a host of resources and services. Even things like general market trends and interest rates can create these service opportunity triggers if they’re systematically incorporated into a firm’s business development efforts. These transactional triggers exist…

In this age of cloud accounting and virtual bookkeeping services, they should be able to have reports sent to you on a schedule. By using outsourced accounting services for your small business, you eliminate the headache. Understanding the rules of US GAAP, the tax code, and complying to regulations can be stressful (even more stressful…

Accountants may offer a package rate for weekly, monthly or annual services to reward ongoing customers. Nationally, full-time staff accountants earn between $40,000 and $80,000, depending on experience and other factors. Z&Z Accounting Services L.L.C. https://www.bookstime.com/ is a full-service accounting firm that provides viable financial solutions for individuals and businesses across the Boston metro. Previous…

Take advantage of product demos and introductory calls to find the right service. Online bookkeeping companies will often specialize in services for a particular type of company. Some companies on our list specialize in startups, with strategic cash-burn analysis, Series A-C funding guidance, and tax strategies to boot. Other companies offer attractive budget bookkeeping support,…

Jocelyn was hired on September 1 and her employer has established an alternative vacation entitlement year that runs from January 1 to December 31. That means that Jocelyn’s stub period is from September 1 to http://avia.education/RequirementsOfBecomingAPilot/requirements-to-become-a-commercial-pilot December 31. She is entitled to four per cent of $13,050 as vacation pay, i.e. $522.00. Irrespective of the…