Bookkeeping

If you’re running a small business or a startup, your budget is likely a primary concern, but you still need reliable tools to keep your finances in order. The good news is there are many excellent, affordable accounting automation options designed just for you. Typically, small business owners can expect to invest between $15 and […]

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Manufacturing Overhead includes all indirect costs required to run the production process. This covers expenses like utilities, factory maintenance, equipment depreciation, and the salaries of supervisors who oversee production. Unlike direct labor and materials, overhead costs are not directly tied to each product but still contribute to the overall cost. Technology and automation play a […]

We’ve helped thousands of companies with our specialized services, customizing their software and settings, and even training them to get the most from their bookkeeping processes. BDO offers payroll, tax, financial reporting, auditing, and analysis, customized to client needs. Their tailored approach unearned revenue makes them ideal for businesses needing strong financial oversight. KPMG offers […]

Bad debt is predicted and recognized on the books in the same time period as related sales and is written off using a contra-asset account called ‘allowance for doubtful accounts’. Once a debt is identified as uncollectible under the direct write-off method, the business makes a journal entry to remove the asset and recognize the […]