The difference between product costs and period costs

by | Aug 12, 2021 | Bookkeeping

The manufacturing facility manager’s salary is not a period expense since it is considered a manufacturing overhead cost. On the other hand, the administrative assistant’s salary is a period cost since she works in the office and not on the production floor. Finally,...

Powerful Accounting Platform for your Business

by | Jun 8, 2021 | Bookkeeping

The benefits of accounting software make it an essential tool for businesses seeking to streamline their financial operations and make informed decisions for sustainable growth. With its straightforward accounting software, QuickBooks is an easy favorite amongst...

Rolling Budget: Advantages, Disadvantages and Viability

by | Aug 18, 2020 | Bookkeeping

Commit to that process, and there’s no stopping you from greater financial security going forward. For home budgets, it is helpful to itemize expenses that are deducted from your paycheck. When you know what you’re spending on these, you can make better...