Category: Bookkeeping
GST HST calculator and rates
These are called “marginal tax rates” – they do not apply to total income, but only to the income within a specific range. Remember that each person’s tax liability is influenced by their financial situation, as well as a number of other factors that may not be accounted for in this calculator. Quality tax software …
Cost of Goods Sold: Defining & Calculating COGS
It includes direct costs like manufacturing overhead, materials and the cost of labor. Service providers like law firms, software engineering firms and consultants don’t use COGS since they don’t manufacture anything. A business needs to know its cost of goods sold to complete an income statement to show how it’s calculated its gross profit. Businesses …
The Truth About Threesomes, Triads, and Throuples
That’s where the 3 way moneyline comes into play, introducing the option to bet on the outcome being a tie. These types of bets are most common when it comes to soccer and hockey. Here at Gambling Guy we want you to have the best possible experience throughout your sports betting journey, which is why …
Days Sales Outstanding DSO Key Metric Insights
With this information you can then investigate why these variables might be causing problems (such as errors in manual processes causing invoices to be rejected). Such challenges result in late invoices, incorrect terms, invoice rejections, underpayments, late payments and non-payments. But it’s one thing to know there are issues, and quite another to pinpoint where …
Guide to Accounting for Amazon FBA Sellers
If you are ever audited by the IRS or state tax authorities, detailed bookkeeping records become your proof to back up the figures on your tax filings. Take that starting cash balance https://porosenka.net/2020/10/11/Vdrevnerimskoi-ville-nashli-velikolepnye-mozaiki and consider the flow of cash to the 3 major areas of your business. All inflows to the business are net positive events, …