Catégorie : Bookkeeping

If you are in business for yourself, you generally need to make estimated tax payments. Estimated tax is used to pay not only income tax, but other taxes such as self-employment tax and alternative minimum tax. If you don’t pay enough tax through withholding and estimated tax payments, you may have to pay a penalty. […]

Their amount of allocated overhead is not publicly known because while publications share how much money a movie has produced in ticket sales, it is rare that the actual expenses are released to the public. Applied overhead is usually allocated out to various departments according to a specific formula. Hence, a certain amount of overhead […]

This situation could possibly occur with an overpayment to a supplier or an error in recording. As we delve into the accounting equation’s significance, we observe its eloquent representation of double-entry accounting’s core tenets, which are crucial to the Normal Balance of Accounts. In the world of debits and credits, this classification is fundamental for […]

If you sell a product or service that requires lead nurturing, or manage ongoing client relationships, then a CRM is probably right for you. First, we provide paid placements to advertisers to present their offers. The payments we receive for those placements affects how and where advertisers’ offers appear on the site. This site does […]

Assets include items owned by the organization, such as cash assets, accounts receivable, and property and equipment investments, among other categories. Of course, this is primarily due to IRS mandates, but the form is also important for a few other reasons. Yarilet Perez is an experienced multimedia journalist and fact-checker with a Master of Science […]

Sometimes, a company might report growing EPS, but the stock might decline in price if analysts were expecting an even higher number. Regardless of its historical EPS, investors are willing to pay more for a stock if it is expected to grow or outperform its peers. In a bull market, it is normal for the […]

In addition to these fixed costs, you’ll need to anticipate one-time costs, like replacing broken machinery or holiday bonuses. If you’ve been in business for a few years, you can take a look at previous years’ expenses to see what one-time costs you ran into, or estimate a percentage of your total expenses that contributed […]

Market share refers to a company’s sales relative to the size of the whole industry. Examples of internal drivers are the staff and different departments within a business. Especially those that contribute to product sales, marketing, production, and development. It may also be a situation that would improve a company’s financial health. You can then […]

Here are some common factors to consider regarding your sales forecast. Many of these can have either a positive or negative influence on sales. For example, changing reps’ account assignments may reduce sales, because members of your team will have to familiarize themselves with customers that are new to them. However, sales could increase if […]