We were able to successfully export information from our legacy software which was key for uploading to Acumatica and we dedicated a staff member to recreating AP in 2020. Bill and Jim were extremely helpful keeping us on target and requesting any mi... Read more
While month-to-month rental agreements tend to cost a little more in the short term, the ability to end the agreement and relocate to a more suitable space saves money and liability in the long run. In a fluctuating market, a wiser decision might be... Read more
Most online payroll services offer an intuitive interface that makes payroll setup easy for users. The same goes for QuickBooks in which its setup wizard guides you through the whole process. QuickBooks Payroll integrates with SimplyInsured for healt... Read more
Look through each of your business’ monthly expenses and make sure you aren’t overpaying for them. But average SG&A sales ratios vary wildly based on industry. For example, manufacturers range anywhere from 10% to 25% of sales, while in h... Read more
Double-entry bookkeeping is an accounting system in which all financial transactions are recorded in two types of accounts, debits and credits. When you post a transaction, the number of debits and credits used can be different, but the total dollar... Read more
Cohen & Company is not rendering legal, accounting or other professional advice. Information contained in this post is considered accurate as of the date of publishing. Any action taken based on information in this blog should be taken only after a d... Read more
For example, a utility company may have the right to run a gas line through a person's property, or pedestrians might have the right to use a footpath passing through that property. Other encumbrances, such aszoning lawsand environmental regulations,... Read more
The exercise is even more prone to error than the simple formulation in the sidebar. APV is both less cumbersome and more informative. Only available for returns not prepared by H&R Block.Additional fees apply with Earned Income Credit and you file a... Read more
Debit memos commonly are listed first next to each transaction, then the credit memo and finally the running balance. If you want to take ownership over your financial situation, start by learning everything you can about your financial accounts. Whe... Read more
What we’re trying to calculate when we calculate inventory days is how long, on average, it takes BlueCart Coffee Company to turn green coffee beans into sales. To use the inventory days formula, you need both your average inventory formula and... Read more
