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  • Variable Expenses: What are They and Examples

    Because variable costs are tied to production, they are usually thought of as a constant amount of expense per unit produced. Variable costs stand in contrast with fixed costs since fixed costs do not change directly based on production volume. If your company offers commissions (a percentage of a sale’s proceeds granted to staff or […]
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  • What is a Fill or Kill Order FOK?

    For FOK orders, the buyer has three conditions—the number of stocks, the time of execution, and the purchase price. Fill or kill stock order is one of the many arrangements between a stock buyer and seller (or broker). Active traders opt for FOK orders when they want to purchase large amounts of a single stock. Such […]
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  • What is a Material Requisition?

    Requisition reconciliation in accounting is the process by which two sets of records are compared for accuracy, completeness, and consistency. Under generally accepted accounting principles (GAAP), the required double-entry accounting method helps to pinpoint when and where errors exist. In this example, no errors or omissions were found, so a purchase order was created. The […]
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  • Bookkeeping for Construction Company: A Guide to Financial Clarity and Success 2023

    Contract retainage is a common practice where customers pay contractors less than the project’s full cost. It ensures that the contractor meets all requirements and that the customer is satisfied with the performance before delivering the full payment. Generally, contract retainage is specified in the contract and is a percentage, typically five to 10 percent, […]
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  • Journal Entry for Sales and Purchase of Goods

    To create a sales journal entry, you must debit and credit the appropriate accounts. Your end debit balance should equal your end credit balance. In the event that certain inventory is consumed and used in the process of providing the service, this will be recorded as part of Cost of Goods Sold as the previous […]
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  • Рынок Форекс Графики и курсы валют TradingView

    Своим клиентам мы всегда предоставляем правдивую и актуальную информацию о мире интернет-трейдинга — прогнозы Forex, курсы валют от евро до японской иены, новости рынка. Кроме того, мы оказываем услугу доверительное управление тем, у кого нет времени или желания осуществлять торги самостоятельно. Услуги по доверительному управлению оказывают также банки и другие организации. Управление капиталом Forex — […]
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  • Fact Sheet: Individual Taxpayer Identification Numbers ITINs

    If all your authentication information matches, you may be issued the same number. You must have a PTIN if you, for compensation, prepare all or substantially all of any federal tax return or claim for refund. Apply for an ITIN in-person using the services of an IRS-authorized Certifying Acceptance Agent. Which CARES Act benefits exclude […]
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  • 9 Best Payroll Services For Small Business Of 2024

    Know how Invensis provides accurate accounting & bookkeeping services for a restaurant which helps effective cost monitoring and growth. The advantages of using a PEO or EOR payroll service include being able to focus https://blackstarnews.com/detailed-guide-for-the-importance-of-construction-bookkeeping-for-streamlining-business-operations/ resources on core business operations and less liability for potential compliance violations. However, the trade-off is losing some or all […]
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  • About Bench Accounting

    Compared with other bookkeeping services, Bench is relatively affordable, starting at $249 per month. Some competitors’ prices increase as your average monthly expenses rise, and others require a subscription to specific accounting software, which adds additional expenses. Your bookkeeping team reconciles your accounts, categorizes your transactions, and produces your financial statements. They also make adjustments […]
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