Bookkeeping

A well-designed office can improve employee morale and impress clients. Staying compliant with local, state, and federal regulations is essential for legal operation. Explore these skills and more with Forage’s free accounting virtual experience programs. Conducting Periodic Reviews This involves specialized areas like depreciating assets and accounting for personnel costs, which require rigorous tracking and …

Expenses vs Expenditures: What They Mean for Your Business Lire la suite »

Small businesses are always in a fragile state and they need to keep track of business expenses or else they face disaster. Effective expense management strategies involve a systematic approach to categorizing and handling various types of expenses. By implementing a strategy, a business can avoid financial discrepancies and maximize profit margins. Following this publication …

10 types of Excel charts for data visualization Lire la suite »

By breaking down ROE into its constituent parts, accountants can pinpoint the specific areas where a company excels or needs improvement. This decomposition helps in making more informed financial decisions and strategic planning. By breaking down ROE into these factors, investors can pinpoint whether a company’s strength lies in its operational efficiency, pricing strategy, or …

DuPont Formula How to Calculate Dupont ROE? Step by Step Lire la suite »

The three-step equation illustrates the effects of net profit margin, asset turnover, and leverage on return on equity. The five-step option puts the spotlight on leverage and can help determine when and if increases in leverage mean an increase in ROE. Both examine changes within a company rather than focus on just one basic ratio. …

Dupont Analysis What Is It, Examples, Equation 3 Step & 5 Step Lire la suite »

Enter your freelancing address and we’ll send you a FREE curated list of freelance jobs in your top category every week. Go professional today by creating a freelancer invoice using these tips. Your invoice is the last thing your clients see after hiring you to complete a project. Don’t let them walk away after paying …

How to Write a Freelance Invoice + Template Lire la suite »

You’ve landed a client, done the work, and they have approved it as a job well done. You’ve got all the hard work done, so don’t get too stressed out about drafting an invoice. This is definitely a case where the task is more intimidating than difficult. If you use Squarespace, Shopify, or any other …

Invoices for Freelancers: When to Send & What to Include Lire la suite »

You can calculate the variable cost for a product by dividing the total variable expenses by the number of units for sale. To determine the fixed cost per unit, divide the total fixed cost by the number of units for sale. Variable expenses used in this analysis can include the raw materials or inventory involved …

Fixed vs Variable Costs Accounting for Managers Lire la suite »

A corporation must earn more income to break even with the more fixed costs it has, which implies it must work more to manufacture and sell its goods. This is because these expenditures are constant and rarely alter over time. However, the fixed cost will always be the same even if it makes a million …

Fixed Cost vs Variable Cost: What’s the Difference? Lire la suite »