Our team makes sure you are ready to fly through your next VC’s accounting, HR and tax due diligence. And when you use us as your bookkeeper, we set up and keep up-to-date a due diligence folder so you can get that next round of fundraising. Co... Read more
Available to answer questions, available to update numbers as new data is produced, available to set up the right systems for a high growth company. The research and development, or R&D tax credit, is a US government-sponsored incentive that rewa... Read more
However many of them would probably flunk the basics of bookkeeping. Each element of the accounting equation has its own account in an accounting system or software package, and all changes are tracked within its account. The accounting equation must... Read more
It gets worse, considering it might overwhelm a startup’s operation to hire or outsource a qualified accountant to spearhead accounting duties. Online accounting software simplifies the process of organising your financial records. Remember, a... Read more
If executed correctly, companies can use revenue sharing as a great marketing strategy. Do your research, considering the value of your product, the market, and your competitors. Finally, don’t forget to check in with your target customers, too, beca... Read more
The material yield variance for March was favorable because company actually produced 32,340 tons of output which was higher than the standard output of 31,000 tons based on input quantity of 34,100 tons. Generally, yield variance uses direct m... Read more
Consider what happens when values in a market are heavily inflated and lenders begin competing on loan terms like amortization periods and interest rates. This doesn’t stop loans from successfully passing through the underwriting phase, but it... Read more
These costs are also treated as period expenses and are not allocated to the product. Variable costing, also known as direct costing or marginal costing, only includes variable manufacturing costs in the product cost. If a company prefers the variab... Read more
A. In job-order costing, costs are accumulated by job order. In process costing, costs are accumulated by department. In process costing, the cost per unit in a department is found by spreading the period's manufacturing costs over the production ac... Read more
In turn, steel becomes a direct material to an automobile manufacturer. Manufacturing companies use the most complex product costing methods. To ensure that you understand how and why product costing is done in manufacturing companies, we use many m... Read more
