Bookkeeping

Security is a priority for Xero, as we know it is for you, so it’s also important you also take steps to safeguard your data. Today’s leading accounting platforms offer standard security features like data encryption, secure credential tokenization and more. While human error will always play some role in security breaches, you can be […]

Fabrizi also talked about the common challenges manufacturers face when calculating the costs of production. In his experience, the most common challenges are a lack of accurate data and the complexity of costing methods. According to McKinsey’s research, cutting down manufacturing costs, in addition to boosting productivity, is the key for manufacturing companies to remain […]

No matter which version of QuickBooks Desktop you’re using, you can switch to QuickBooks Online quickly and seamlessly. With our online migration tool, you can move all your data or move long-term assets definition and meaning only what’s key—like balances and specific lists. If you need help, we can migrate your data for you at […]

Thanks to their super simple design, they just snap together to assemble. A five-gallon bucket is one of those tools that’s easy to take for granted, even though it does so much around the house. Use it to carry tools and supplies from the workshop to the worksite, then flip it over and sit on […]

Content Build your dream business for $1/month What Is Contribution Margin Ratio? What Is the Contribution Margin Ratio? What Is Contribution Margin? How to Calculate the Break-Even Point in Operations Management How to actively improve your business contribution margin How to Calculate the Contribution Margin Ratio Contribution Margin Key Elements Of Contribution Margin Ratio The […]

Accounts of both tangible and intangible nature fall under this category of accounts, i.e. These account balances do not come to zero at the end of the financial year unless there is a sale of the asset or payment made towards a liability or closure or acquisition of the business. These accounts appear in the […]

Content Loss Or Theft Table of Contents Bond Valuation Anonymity – Bearer Bond Security Issues A Maturity Date What Happens When a Bond Reaches Maturity? A bearer bond is a type of bond (i.e., a kind of fixed income security) that does not require any form of registration. Bearer bonds are similar to a traditional […]

Contents: Resources for Your Growing Business Always use two components for every transaction. Use accounting software The Basic Accounting Equation Double entry refers to a system of bookkeeping that, while quite simple to understand, is one of the most important foundational concepts in accounting. Basically, double-entry bookkeeping means that for every entry into an account, […]

Payments are due by the end of your monthly billing period based on the date you purchased your subscription. After a 30-day trial period, Xero will bill a monthly charge of $13 per month for the Early plan, $37 per month for the Growing plan and $70 per month for the Established plan. For free […]

Content How do you Prepare a Balance Sheet? What is equity, and how do you calculate it? What is the debt ratio? + What are Equity Accounts? What is Equity Value? What’s the difference between a balance sheet and an income statement? A higher debt to equity ratio means that the company is more reliant […]