Bookkeeping

With a compilation, an accountant compiles your financial statements from documentation you provide them. They do not audit or review the information, therefore making them unable […]

For example, Workyard (that’s us!) addresses all the issues highlighted above, with other helpful industry-specific functionality for construction companies of all sizes. If you’re new to […]

The absorption costing income statement does not separate expenses into variable and fixed costs. Instead, it includes all manufacturing costs (direct materials, direct labor, variable manufacturing […]

Additionally, you gain better visibility and control over your invoicing process, which helps you optimize your cash flow construction bookkeeping and improve your supplier relationships. The […]

Another way to increase BVPS is for a company to repurchase common stock from shareholders. If a company’s share price falls below its BVPS, a corporate […]

But there’s more than one virtual accounting company in the world, and solutions range from on-demand CFO services to simple pay-by-the-hour book balancing. Below, we review […]

This historic cost of an asset is used to provide reliable and consistent records. A cost principle will also include expenses incurred in purchasing the asset, […]

Also, there is an “invoice due date section” at the top right where you can state the exact date payment is due. Read this clear guide […]

The profitability index is used as an appraisal technique for potential capital outlays. However, the PI disregards project size when comparing project attractiveness. Therefore, projects with […]