In the following section, we’ll dive into top-performing AR automation solutions and share their respective pros and cons. If you’re evaluating AR automation solutions, be sure to consider your unique pain points before finalizing your … Continuer la lecture
RentCafe Affordable Housing automatically checks to ensure applicants complete required steps, reducing staff time spent following up on incomplete applications. Tap into students’ social networks to increase your prospective audience. Tools built into RentCafe Student Housing … Continuer la lecture
This ensures all related communication can be seen by every staff member and viewed in the proper context. The old spreadsheets and to-do lists are abandoned in favor of shared tasks lists and online systems. … Continuer la lecture
To track COGS, you should implement an effective inventory management system that accurately records purchases, production costs, and inventory levels throughout the accounting period. When sales are recorded using the FIFO method, the oldest inventory–that … Continuer la lecture
The history of accounting has been around almost as long as money itself. Accounting history dates back to ancient civilizations in Mesopotamia, Egypt, and Babylon. For example, during the Roman Empire, the government had detailed … Continuer la lecture
Under a 40% DDB depreciation rate, the book value of the same asset two years later would only be $40,320. Unlike straight-line depreciation, which dictates that an asset will experience the same amount of depreciation … Continuer la lecture
Therefore, the accounts receivable turnover ratio is not always a good indicator of how well a store is managed. This can sometimes happen in earnings management, where sales teams are extending longer periods of credit … Continuer la lecture
One organization to look into is The American Institute of Professional Bookkeepers. They provide bookkeeping certifications and training, which can officially make you a Certified Bookkeeper. You’ll be dealing with a lot of financial data … Continuer la lecture
This method often aligns with the actual flow of goods and is preferred when prices are rising. Inventory refers to the goods and materials your business holds for resale or production. Since they have value, … Continuer la lecture
