Bookkeeping

Content Inventory Management Sales Invoices Types How to send sales invoices that get paid quickly How to Post FOB Charges in the Accounting General Journal Track your sales invoice Ideal for inventory management The standard invoice is the simplest type and can be used in any sales transaction. It includes the basic information outlined above with a few possible tweaks…

Content University Transfers Contra Equity Account Revenue Definition & Recognition Account Types How Does Accounts Receivable Affect Net Income? Exploring the Differences Between IFRS and GAAP If a listed company purchases its own shares from the open market, it will have to debit the treasury stock account in order to record the transaction. A company might decide to purchase its…

Content Tip 3. Consider an average- Accurately Calculating Fixed Costs How To Optimize Your Business’s Fixed Cost Structure for Maximum Efficiency & Effectiveness Fixed Cost Informs Growth Strategies Fixed vs Variable Costs (with Industry Examples) If a company makes zero sales for a period of time, then total variable costs will also be zero. But if sales are through the roof,…