Bookkeeping

Accounts of both tangible and intangible nature fall under this category of accounts, i.e. These account balances do not come to zero at the end of the financial year unless there is a sale of the bookkeeping services in charleston asset or payment made towards a liability or closure or acquisition of the business. These […]

Fixed asset turnover (FAT) ratio financial metric measures the efficiency of a company’s use of fixed assets. This ratio assesses a company’s capacity to generate net sales from its fixed-asset investments, specifically property, plant, and equipment (PP&E). Overall, investments in fixed assets tend to represent the largest component of the company’s total assets. The FAT

Dropshipping could very well be named the “anti-inventory” inventory management solution. Just-In-Time (JIT) inventory management can fail due to disruptions like natural disasters, labor strikes, supplier unreliability, or sudden demand surges, all of which can halt production. Or, if it’s overstock or seasonal goods, note temporary locations in your inventory management system so you can

An expanding economy requires more capital in circulation to keep the proverbial hamster on its wheel. Would a Donald Trump win in November, coupled with a split Congress, set the stock market up for disaster? Let’s take a closer look at what challenges a Trump presidency and split Congress might face, and allow history to

Before making your final decision, you compare pricing, ease of use, features, scalability, customer support, and security. Taking the time to do your research will help you to find the right fit for your accounting needs. Medium-sized businesses should consider https://www.bookstime.com/ an accounting system with robust security measures to protect their data. After all, you

These business activities are recorded based on the company’s accounting principles and supporting documentation. Accountants, on the other hand, use the information provided by bookkeepers to summarize a business’s financial position and render financial advice to the business owner. Many accountants also prepare tax returns, independent audits and certified financial statements for lenders, potential buyers