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Categoría: Bookkeeping

What Is a Variable Expense?

A pet sitting business has to travel to visit clients and the price of gas for the company vehicle is a variable cost, as is the number of miles traveled. Her business cell phone is pay-as-you-go and so is a variable expense. Her staff is paid based on the number of hours worked for clients…

noviembre 27, 2023 by admin No comment(s) Bookkeeping
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Understanding Transfer Price vs Standard Cost

While standard costs are a useful tool for manufacturers, they have a few drawbacks you should keep in mind. When actual expenses are less than projected, it is a favorable variance. Depending on the actual sales price, company B may realize a small profit or loss. They believe that there is no machine breakdown, worker…

septiembre 15, 2023 by admin No comment(s) Bookkeeping
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A complete guide on how to set up a company in QuickBooks

It will take you to the company selection screen. All of your active and cancelled files will be shown there. Keep me posted whenever you have concerns about processing customer payments and connecting your bank account. In order to do so, you may need the help of accounting software. If your corporation can satisfy all…

octubre 6, 2022 by admin No comment(s) Bookkeeping
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A Beginner's Guide to Petty Cash: Managing and Recording It

Fortunately, her office has a petty cash fund, which her boss immediately reimburses her from, so Jane doesn’t have to submit an expense report and wait for weeks to be reimbursed. Other than that, the logging of petty cash disbursements should be assigned to a different employee instead of the custodian and other personnel with…

junio 13, 2022 by admin No comment(s) Bookkeeping
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Noncumulative preferred stock definition

Dividend yields should match SEC yields long term, so the fund should see positive dividend growth from here on out. As a comparison, the iShares Preferred and Income Securities ETF (PFF) noncumulative preferred stock invests in over 400 securities, with the top ten of these comprising 12% of its value. PFFA seems diversified enough, but…

abril 13, 2022 by admin No comment(s) Bookkeeping
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