Archives par catégorie: Bookkeeping

ACTAX ACCOUNTING SERVICES Updated April 2024 1701 W Hillsboro Blvd, Deerfield Beach, Florida Payroll Services Phone Number

As technologies rapidly advance, companies increasingly need to update their computer systems. Patton & Company, PC can audit your system competencies and gauge upgrade needs as well as provide support in choosing and implementing new hardware or network systems. As experts in this field, we can put your computer problems at bay as well as […]

Contribution Margin Ratio: What It Is And How To Calculate It

The contribution margin ratio is calculated as (Revenue – Variable Costs) / Revenue. Along with the company management, vigilant investors may keep a close eye on the contribution margin of a high-performing product relative to other products in order to assess the company’s dependence on its star performer. Another common example of a fixed cost […]

Bookkeeping 101: Bookkeeping Basics for Small Businesses

Maintaining bookkeeping tasks is essential for the stability and success of small businesses. With so many moving pieces (including assets and liabilities, and income and expenses), small business owners must stay on top of it all. A strong understanding of your business’s financial health is essential to the success of your company. Startup accounting […]

ALLOCATE definition in the Cambridge English Dictionary

They then must assess what resources will be needed to reach that goal. Resource allocation includes managing tangible assets such as hardware to make the best use of softer assets such as human capital. Resource allocation involves balancing competing needs and priorities, and determining the best course of action to maximize the use of […]

How to Calculate Retained Earnings: Formula & Example

Retained earnings, at their core, are the portion of a company’s net income that remains after all dividends and distributions to shareholders are paid out. Stock dividends, on the other hand, are the dividends that are paid out as additional shares as fractions per existing shares to the stockholders. Likewise, both the management as well […]

10 startup companies leading innovation for the accounting profession Blog

While they will not go out and secure the funds or represent you in the negotiation process, your accountant will be aware of what funders look for when making investments in startups. With this information, your accountant can also dig down a little deeper into your operations with unit economics. Your accountant will combine your […]

A Gap in Insurance GAAP?

The long-term asset construction in progress accumulates a company’s costs of constructing new buildings, additions, equipment, etc. Each project’s costs are accumulated separately and will be transferred to the appropriate property, plant, or equipment account when the asset is placed into service. At that point, the depreciation of the constructed asset will begin. The cost […]

Fix issues when starting ProAdvisor and certification training

Your ProAdvisor credential indicates a better understanding of the software. It can assist you to advance your financial consulting business and gain client confidence as well as access to a network of new clients. It will also boost your efficiency and, as a result, your practice’s success. You receive free access to all study materials, […]