Arquivo de Categoria: Bookkeeping

What is Cost Accounting? Definition, Basics, Examples

A cola bottling plant may use process costing because all the bottles (or products) are indistinguishable from one another. Controllable costs are expenses managers have control over and have the power to increase or decrease. Controllable costs are considered when the decision https://themarketingimagination.com/2015/06/creative-inspirations-whats-it-like-to-be-in-the-head-of-a-creative-philosopher/ of taking on the cost is made by one individual. Common examples of controllable costs…

What is a credit memo?

Without giving it a second thought, start your FREE trial with us and explore all the features and functionalities of the software. For example, with a refund memo, you can return any piece of item and get your cash payment back. But whereas in a credit memo, you do not get the amount back and…

What Is Full Charge Bookkeeping? Everything You Need To Know

The bookkeeper may also examine company financial data to ensure accuracy of reporting and postings. In today’s digital age, full charge bookkeepers must be proficient in using various financial software and accounting systems. These tools help streamline the bookkeeping process, automate tasks, and improve overall efficiency. This convenience and accessibility are particularly important for small…