Gross Profit vs Net Profit: Understanding the Key Differences
If you want to have accurate payroll that abides by state and federal laws, up-to-date books, error-free paychecks, and compliant payroll records storage, payroll software…
Category: Bookkeeping
10+ Hotel Invoice Templates Excel, Word, Numbers, Pages, PDF
The professional receipt template is a free-formatted template used for hotel businesses for invoicing room rent, bed, and breakfast. This sample shows how to customize…
Flexible Budget Variance Example
Compare your flexible budget amounts to actual results to identify variances. A variance is the difference between what you budgeted and what actually happened. Favorable…
5 Reasons to Outsource Your Bookkeeping
In contrast, bookkeeping service providers offer a remedy to this challenge by assuring maximal productivity from the very first day of engagement. By opting to…
Fixed Cost: Definition, Formula, and Examples
That’s why fixed costs appear as operating expenses under an organization’s income statement. For example, businesses typically spend up to 70% of the total expense…
Financial Modeling Courses & Training
You have to complete an online quiz to complete each module and earn your certification. You can use this certification to spruce up your LinkedIn…
The Future of Accounting: How AI Can Help Tackle the CPA Shortage Workday US
Kruze is a leading startup tax provider, serving hundreds of VC and seed funded startups. Most businesses have revenue and expense bank accounts (AKA temporary…
How to Calculate Direct Materials Inventory
For example, eggs, milk, and bread are direct materials in the production of French toast. This calculation reveals that $25,000 worth of direct materials were…