Bookkeeping


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26/01/2024

What does it mean to recognize an expense?

For instance, you purchase a new machine that creates more manufactured units and sales. In this example, the only expense incurred involved purchasing raw materials. In […]
12/12/2023

Sales Tax Calculator with Tax Rate Lookup by Address

Alaska doesn’t levy state sales taxes, either, but the state allows cities and counties to charge their own taxes. Sales taxes are administered at the state […]
19/09/2023

A Guide to Bookkeeping: Skills, Salaries, and Careers

Read some of our recent reviews and see what it could be like having Bench on your books. In colonial America, bookkeepers would record transactions in […]
04/09/2023

California’s minimum wage for fast food workers is now $20 an hour Los Angeles Times

Others increased prices and are passing expenses onto consumers, including menu items at restaurants. A new rule that is set to take effect on Monday will […]
06/07/2023

What Is A Nonprofit? The Different Types of Nonprofits & How To Start

The foundations are required to meet a payout requirement, and they must list all grants paid out every year. Individuals establish community organizations to help with […]
26/01/2023

5 Ways to Calculate Sales Tax

Eighty-seven dollars in sales tax would need to be added to the original price of the laptop. But keep in mind you have to itemize your […]
12/10/2022

Former Accounting Director Pleads Guilty to Stealing $430,000 From Nonprofit

While it is generally best to send this information no later than January 31 of the year following the contribution, there is no specific due date. […]
26/09/2022

What Are the Different Ways to Calculate Depreciation?

Per guidance from management, the PP&E will have a useful life of 5 years and a salvage value of $4 million. In particular, companies that are […]
03/08/2022

3 2: Calculate a Break-Even Point in Units and Dollars Business LibreTexts

Recall, fixed costs are independent of the sales volume for the given period, and include costs such as the monthly rent, the base employee salaries, and […]