by calvin@alphawebsupport.com | Jul 1, 2024 | Bookkeeping
Their practice is often fixed and to maintain project profits it’s vital to factor this into your cost projections. QuickBooks Online Accountant isn’t just a portal to your client’s books—it’s the one place to grow and manage your entire practice, at your pace....
by calvin@alphawebsupport.com | Jun 5, 2024 | Bookkeeping
The Inflation Reduction Act represents the largest climate investment in US history, including $370 billion of new energy-related tax credits over the next 10… Browse our Private Company Perspectives collection for insights and evolving trends for private...
by calvin@alphawebsupport.com | Oct 18, 2023 | Bookkeeping
Even with a clear understanding of FOB terms, mistakes can happen, leading to increased shipping costs, shipment delays, or even legal complications. Incoterms are international commercial terms published by the International Chamber of Commerce. They are meant to...
by calvin@alphawebsupport.com | Jun 21, 2023 | Bookkeeping
The production needs to go through multiple processes which they called the departments. The finished material of one process constitutes the raw material of the next. Therefore, as the finished material is transferred to the next process, the cost of each process is...
by calvin@alphawebsupport.com | Apr 12, 2023 | Bookkeeping
If we use the example above, the gain to the business of paying 1, days earlier than expected was the purchase discount of 30. For the past 52 years, Harold Averkamp (CPA, MBA) hasworked as an accounting supervisor, manager, consultant, university instructor, and...
by calvin@alphawebsupport.com | Aug 9, 2022 | Bookkeeping
With a CIF agreement, the seller pays costs and assumes liability until the goods reach the port of destination chosen by the buyer. Imagine the same situation above, except the agreement terms are for FOB destination. Instead, the manufacturer retains ownership of...
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