Category Archives: Bookkeeping

Management Fees Meaning, Types, Factors, How to Calculate

Join one of our email newsletters and get the latest insights about selling your business in your inbox every week. Our writing and editorial staff are a team of experts holding advanced financial designations management fees definition and have written for most major financial media publications. Our work has been directly cited by organizations including […]

The difference between product costs and period costs

In addition to indirect materials and indirect labor, manufacturing overhead includes depreciation and maintenance on machines and factory utility costs. Period costs include selling expenses and administrative expenses that are unrelated to the production process in a manufacturing business. Selling expenses are incurred to market products and deliver them to customers. Administrative expenses are required […]

How to Calculate Opportunity Cost with Formula

Real estate investors are some of the main people that use opportunity cost. When you are looking at risk, you are determining the actual performance of the investment against the projected performance. It can be hard to really learn about opportunity cost when reading the definition and seeing the formula. Sometimes it helps to use […]

What Does the Net 30 Payment Terms On An Invoice?

In effect, the difference between these two prices reflects the discount lost, which can be reported as a percentage. Company ABC purchases raw material from the supplier amount of $ 100,000 on 01 January. The supplier has provided credit term 3/10, n/30 to Company ABC due to the long-term relationship. Our partners cannot pay us […]

‎1-800Accountant Old on the App Store

The CPA Donald Odiwo at 1-800accountant does outstanding services to me and my business as both the customer and the client. Donald Odiwo CPA is very effective and efficient at what he does. Words cannot express how much 1-800accountant and you mean to our company and to my personally tax compliances, tax fulfillments, and tax […]