Category Archives: Bookkeeping

Its goal is to give a sense of control and an overview of each individual transaction within the subsidiary accounts. CloudCo Group is a Chartered Management Accountancy Firm offering premium accounting services to a range of businesses and individuals from … Continue reading →

This automation provides accurate financial reports, including accounts receivable, and simplifies bookkeeping tasks. Personalize professional invoices, automate recurring billing, and set up payment reminders. Use FreshBooks to scan receipts, categorize expenses, track billable hours, and monitor cash flow, ensuring your finances … Continue reading →

An unfavorable PPV can simply mean the markets are shifting or supply chain disruptions are causing delays. In the case of such contracts, a company can negotiate a better multi-year pricing deal by guaranteeing to place repeated orders. Some variation … Continue reading →

Despite their modest online presence compared to competitors, Escalon has built a strong niche by supporting companies during critical transitions. They create solutions that match businesses needing simplified administrative processes. The company has detailed financial solutions to help early-stage companies … Continue reading →

Contrary to popular belief, debits and credits don’t always mean “good” or “bad.” Instead, they represent increases or decreases in different accounts. Debits are recorded on the left side of an account, while credits are recorded on the right side. … Continue reading →

Share issuances, splits, and stock buybacks all change the denominator by which net income less preferred dividends is divided. The company’s balance sheet indicates Netflix has not issued any preferred stock, so we don’t need to subtract preferred dividends. Considering … Continue reading →

He specializes in conducting audits for diverse entities including banks, optimizing their core processes through cost management and budgeting. With a focus on income tax and GST, he has represented various clients in cases and appeals concerning direct and indirect … Continue reading →

The key lies in diligent oversight, regular reconciliation, and a commitment to resolving the mysteries that these accounts hold. This methodical approach ensures that each claim is accounted for and that the company’s financial records remain pristine. Each claim is … Continue reading →

The high level of individual agency that workers experience within a decentralized firm can create job enrichment. Adherents propose achieving this through decentralization of political and economic power, usually involving the socialization of most large-scale private property and enterprise (while … Continue reading →

The fundamental difference between contribution income statement a conventional income statement and a contribution margin income statement lies in the treatment of variable and fixed expenses. Dr. Lee breaks down the components of contribution income statements, explaining how they segregate … Continue reading →