Category Archives: Bookkeeping

What Is Bookkeeping? Getting Started in Accounting

An accountant can perform bookkeeping tasks, but the title also involves other responsibilities. Once you’ve figured out your ideal accounting method, start by creating a balance sheet, which you will use to record and track equity, liabilities, and assets. This step will allow you to do a cost-benefit analysis of your product or service to […]

Standard Costing: Definition, Features, Advantages, Disadvantages, Process

This standard is determined with regard to the current rate of pay and any anticipated variations. It should be fixed for each grade of labour and for each operation http://7ly.ru/2011/06/12/onlajn-piramida-mmm/ involved. The standard hours are fixed for all categories of labour i.e., for skilled and unskilled labour. In these standards, number of hours and workers […]

Nonprofit data for donors, grantmakers, and businesses Candid

That might mean using cash-basis accounting, tracking your gains or losses financial statements for nonprofits at the program level, or more. If your organization is looking to streamline financial reporting and data management, grab a demo of MemberClicks, purpose-built to simplify your organization’s management and enhance data visibility. The operating reserve ratio measures how long […]