It is an accounting term used to represent all the costs incurred in building a fixed asset. Construction work-in-progress assets are unique in that they can […]
Staying on top of your bookkeeping is important so that you don’t have unexpected realizations about account balances and expenses. We’ve put together this guide to […]
Mutual fund yield is used to represent the net income return of a mutual fund and is calculated by dividing the annual income distribution payment by the […]
Your fixed costs will go up because you cannot make more units with your existing $4,000 per month rental cost. Since we categorize costs as either […]
Accrued liabilities, which are also called accrued expenses, only exist when using an accrual method of accounting. The concept of an accrued liability relates to timing […]
An asset is anything a company owns that has a positive monetary value. Assets include things like cash, real estate, inventory, and equipment, but also include […]
FreshBooks integrates with several apps commonly used by small businesses, but its integration options aren’t as vast as Xero’s. All are third-party apps that can help […]
Premier is the most comprehensive level and includes all QuickBooks Online features, including project management and inventory tracking. QuickBooks Online as one of the best bookkeeping […]