02 May Purchase Price Variance: How To Calculate and Forecast PPV
Such purchases often include the most readily available items that are selected based on their delivery speed rather than on cost efficiency....
02 May Purchase Price Variance PPV Formula and Explanation
This can lead to higher prices as employees may not have access to the best deals or negotiated contracts. Discover vendor scorecards,...
06 Mar What is Unbilled Accounts Receivable?
Here are some examples, as well as a few tips on how to deal with them. Understand the term Net Accounts Receivable...
05 Mar What Does Net of Tax Mean in Accounting and Finance?
Consequently, “Net of Taxes” is essential to get a realistic and practical perspective on financial health and decision-making. Spreading out the payments...
27 Jan Contribution Margin: What it is and How to Calculate it
It provides one way to show the profit potential of a particular product offered by a company and shows the portion of...
25 Jan Contribution Margin: Definition, Overview, and How to Calculate
In short, profit margin gives you a general idea of how well a business is doing, while contribution margin helps you pinpoint...
13 Sep What is a Contra Asset Account? Definition, Types, Example, and More
As mentioned, a company will usually have debit balances in its asset accounts. While accumulated depreciation is the most common contra asset...
13 Sep Condensed income statement definition
Tools like Microsoft Excel or specialized financial software can help maintain consistency by automating calculations and standardizing formats. A condensed income statement...
07 Aug Full cycle bookkeeping and accounting services
From long term contracts and historically slow pay cycles to balancing costs in dynamic and unpredictable site conditions, there are a ton...
05 Aug Outsourced Bookkeeping For Maine
You’ll have the financial strategy support you need to supercharge the profitability of your business. You’ll have payroll that is tailored for...