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Bookkeeping

Online Accounting Software Cloud Accounting

As with the Growing plan, businesses on the Established plan get unlimited invoices, purchase orders, and bills. Xero’s straightforward accounting software is well-suited for sole proprietors and small and growing businesses. Its intuitive design makes it easy for businesses to…

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Overtime and complementary hours: what are the differences?

Instead, their eligibility depends on specific roles and salary requirements. Under the Fair Labor Standards Act (FLSA), salaried workers are classified as exempt or non-exempt based on specific criteria. This article breaks down and simplifies the complexities of overtime regulations…

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Example Closing Process Explanation

For example, the expenses are transferred to the debit side of the income summary while the revenues are transferred to the credit side of the income summary. The company can make the income summary journal entry for the revenue by…

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How to Interpret the Vertical Analysis of a Balance Sheet and Income Statement

Vertical analysis is a method employed in financial statement analysis to illustrate the relative size of each account in relation to the total amount. Vertical analysis represents each item on a financial statement http://www.chelnews.com/news/finansy_ossiya_i_mir/4878-manimen-nachal-vydavat-mikrozaymy-na-yandeksdengi.html as a percentage of the total.…

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Break-Even Analysis: Formula and Calculation

For example, raising prices doesn’t necessarily mean more profit as sales are typically demand led. The less availability, the easier it is to increase the relative value of a product. This is why big companies like apple release their new…

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Best Bookkeeping Service in Boston, Massachusetts

Contact us now to find out how we can help your business reduce taxes and improve profits. Quarterly newsletter providing updates of competitive compensation and benefit levels within the construction industry. Use our secure file sharing tool to safely send…

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