17 Jan
Product vs Period Costs: What Are the Differences?

Accountants treat all selling and administrative expenses as period costs for external financial reporting. The company has one...

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11 Oct
Form a Nonprofit in Eight Steps

Since our inception in 1995, we’ve assisted over 25,000 organizations and have maintained a 100% IRS approval rate. However, be...

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08 Aug
Bookkeeping basics: A guide for small businesses

Take time to research compensation trends for bookkeepers before you launch a job candidate search. Our Salary Calculator&...

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06 Jun
Inventory Cost Accounting: Methods & Examples

The total cost of goods sold for May would be $233,800 (59,000 + 174,800). Specific identification will tell you exactly which ...

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06 Jul
Activity Levels in an Activity-Based Costing System

Certain activities, such as maintenance or quality control, can oftentimes be accounted for in multiple levels of activity-base...

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12 Aug
Free On Board FOB Shipping: Meaning, Incoterms & Pricing

In this particular arrangement, the buyer takes on the responsibility of paying the sending costs. Also, the buyer is not requi...

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10 Mar
Login ADP Retirement Services

If your business already uses ADP for payroll and other HR services, contact your account representative to learn more about AD...

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27 Feb
What is an Invoice? Definition, Examples & Tips

The receipt may then be shown to confirm the purchase and pick up goods at a loading dock, for example. You also need to includ...

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20 Feb
IRS Releases 2022 Form 941, Instructions for Form and Schedules B and R

The instructions for Schedule B, Report of Tax Liability for Semiweekly Schedule Depositors, were revised to remove guidance pe...

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04 Feb
Re: Accumulated Depreciation Report Quick Report

If the company depreciates the van over five years, Pocchie’s will record $12,000 of accumulated depreciation per year, or $1,0...

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