Category Archives: Bookkeeping

Что такое основные валютные пары? Мажорные валютные пары на Форекс

Расстояние от входа до стоп-лосса — 40 пипсов, стоимость пипса EUR/USD — $10. Столько трейдеров и инвесторов пользуются нашей платформой. Такой вариант предполагает более эффективную торговлю, так как трейдеру не приходится следить за несколькими графиками одновременно и большую часть работы за него делает инструмент. После этого частный инвестор сможет покупать валютные активы на свой счет. […]

What is accrual accounting? A beginners guide for 2023

This method is more accurate than cash basis accounting because it tracks the movement of capital through a company and helps it prepare its financial statements. For example, consider a consulting company that provides a $5,000 service to a client on Oct. 30. The client received the bill for services rendered and made a cash […]

Difference between activity based costing and traditional costing

(2) If the component is competitively superior,a value analysis, where a component’s value to the customer isquantified, may suggest a price increase or promotion campaign. (1) If a component is both more expensive andinferior to that of a competitor, a strategic problem requiring changemight be necessary. It could be, however, that the component is such […]

The Ultimate Small Business Accounting Checklist

Create a payroll file sorted by payroll date and a bank statement file sorted by month. Many accounting software systems let you scan paper receipts and avoid physical files altogether. At QuickBooks, our business accounting software is intuitive and easy to use, to ensure you can achieve these tasks with ease. From managing your taxes to generating […]

What is a Source Document? Definition Meaning Example

They’re typically published multiple times a year and contain cutting-edge research. Consult academic journals to find the most current debates and research topics in your field. The type of source you look for will depend on the stage you are at in the writing process. For preliminary research like definitions and broad overviews, you might […]

Inventoriable Costs Definition, How To Calculate, Terms

So as you can see, inventoriable costs will widely differ from industry to industry. This process matches 2018 revenue earned with expenses incurred in 2018. Under accrual accounting, the movement of cash does not drive the accounting entries. The person creating the production cost calculation, therefore, has to decide whether these costs are already accounted […]

Capital Expenditures Definition, Overview and Examples

Capital expenditures (CapEx) are funds used for one-time large purchases of fixed assets that will be used for revenue generation over a longer period. This could be to acquire, upgrade, and maintain physical assets such as property, buildings, or equipment. Revenue expenditures, on the other hand, are typically referred to as ongoing operating expenses (OpEx), which are […]

How a General Ledger Works With Double-Entry Accounting Along With Examples

Debits increase asset and expense accounts and decrease liability, revenue, and equity accounts. Credits increase liability, revenue, and equity accounts and reduce assets and expenses. The types of ledger accounts can differ by the nature and size of a business. After recording the opening balances (i.e., the amounts at the beginning of an accounting period) […]

Outsourcing to India: The Strategic Choice for Business Growth

For these reasons, it may be a good idea to partner up with a company with offices in your home country and at least several years of experience in business and recruitment in India. And if you prefer to retain as much control as possible, consider leveraging the Build-Operate-Transfer model. EF Education First is an […]

Encumbrance Definition, Types, How to Get an EC

An amount of something produced, especially during a given period of time. Emphasizing or expressing the nature of reality as it is apart from personal reflection or feelings; independence of mind. Written promise to pay a specified amount to a certain entity on demand or on a specified date. Oldest and largest stock exchange in the United States, located […]