Category Archives: Bookkeeping

Can you get a child tax credit before the baby is born? Maybe soon

Unlike a mere hobby, however, the bearing and raising of children benefits all of society. We need a great many of them if we plan to keep, say, Social Security.1 For these reasons, Congress provides deductions and credits for parenting that it does not provide for, say, computer gaming. On the flip side, the IRS […]

B2B Ecommerce Platform

Every website is hosted somewhere, meaning it has dedicated server space from a provider. Some ecommerce platforms have hosting built in, while others require self-hosting or open-source hosting. Adobe Commerce also lacks out-of-the-box tools to create a seamless multichannel strategy. When choosing the right ecommerce software prioritize a future-proof platform that is trusted, scalable, and […]

What is a Periodic Inventory System? 2024 Ultimate Guide

With this application, customers have payment flexibility, and businesses can make present decisions to positively affect growth. FIFO means first-in, first-out and refers to the value that businesses assign to stock when the first items they put into inventory are the first ones sold. Products in the ending inventory are the ones the company purchased […]

How can you calculate Book Value Of Equity Per Share BVPS in Excel?

The platform works exceptionally well for small businesses that are just getting started and have to figure out many things. As a result of this software, they are able to remain on top of their client’s requirements by monitoring a timely delivery. Understanding the Book Value per Share is paramount in navigating the intricate landscape […]

Insurance Journal Entry for Different Types of Insurance

Additionally, as the company ABC receives the insurance claim that is equal to the 100% of the loss value of the destroyed building, there is no impact on the income statement. When the company receives the insurance claim from the insurance company for the destroyed fixed asset that has been insured, the full cover of […]

Insurance Journal Entry for Different Types of Insurance

Additionally, as the company ABC receives the insurance claim that is equal to the 100% of the loss value of the destroyed building, there is no impact on the income statement. When the company receives the insurance claim from the insurance company for the destroyed fixed asset that has been insured, the full cover of […]

Operating Leverage Formula Calculator Example with Excel Template

For example, a software business has greater fixed costs in developers’ salaries and lower variable costs in software sales. In contrast, a computer consulting firm charges its clients hourly and doesn’t need expensive office space because its consultants work in clients’ offices. In finance, companies assess their business risk by capturing a variety of factors […]

Operating Leverage Formula Calculator Example with Excel Template

For example, a software business has greater fixed costs in developers’ salaries and lower variable costs in software sales. In contrast, a computer consulting firm charges its clients hourly and doesn’t need expensive office space because its consultants work in clients’ offices. In finance, companies assess their business risk by capturing a variety of factors […]

Operating Leverage Formula Calculator Example with Excel Template

Additionally, they are related because while debt will eventually be repaid by better earnings, finance can increase earnings from operations. Once you have it, you may interpret it by figuring out how frequently EBIT will rise or fall as sales change. For example, a 5 operating leverage factor means that if sales expand 10%, EBIT […]