In a typical cellphone billing contract, a monthly flat rate is charged. However, it's possible to incur additional variable charges such as overage charges based on excessive bandwidth usage. We cite peer reviewed academic articles wherever possible and reference our sources at the end of our articles. Recommended Articles To visualize the behavior of a […]
Why a Flexible Budget May Be a Good Option for Your BusinessIn this step, you want to identify your variable cost ratio for each product, good, or service you sell, and create a model that you can use for your scenario analysis in the next step. One of the biggest advantages of the consistency inherent in a static budget is the clean comparisons that it allows […]
Outsourced Accounting Services for Business Growth & Firms QXAS USAThere are several paths you can take, and it is important to choose the right one. Of course you can hire a dedicated, full-time accountant, but this is an expensive option that often doesn’t yield the results businesses are looking for. It’s likely that an outsourced CFO has experienced these challenges before, making them well-qualified […]
App Integrations Connect Apps for Small BusinessEither select your region at the top of the Xero App Store or log in to Xero to see the apps that are available in your region. Employers and their employees can benefit from using this app in conjunction with Xero expenses. Today, we're going to go through some of the best Xero integrations. We […]
Other Comprehensive Income Statement Example ExplanationOCI is intended to provide the reader of a company's financial statements with a more comprehensive view of the entity's economic situation. As you can see, the net income is carried down and adjusted for the events that haven’t occurred yet. This gives investors and creditors a good idea of what the company’s assets and […]
The Difference Between Stock Splits & Stock DividendsThe amount moved between the two accounts is determined by whether the dividend is a small stock dividend or a large stock dividend. A small stock dividend is one in which the number of shares issued is less than 25% of the total number of shares outstanding before the dividend. A journal entry for a […]
Fixed Costs: Definition, Formula & ExamplesThus, fixed costs, despite being constant, have wide implications for businesses. They influence pricing strategies, determine production volume, impact profitability, and shape long-term financial planning. Because of this, managers must have a deep understanding of their fixed costs and continuously strategize to maximize profitability and business longevity. When management decides pricing strategies, they factor in […]
How Much Do Quickbooks Live Bookkeepers MakeLow-Volume Bookkeeping is designed for businesses with up to $25,000 in monthly expenses. Businesses with $25,001 to $150,000 in monthly expenses would be charged $470 per month for the Medium-Volume Bookkeeping plan. High-Level Bookkeeping ($670 per month) serves businesses with $150,001 or more in monthly expenses. QuickBooks Live pairs you with experienced bookkeepers who can […]
E-Commerce Bookkeeping Guide Bookkeeping Solutions for Online StoresDivide your total revenue by your markup percentage, and subtract the new sum from your calculated cost. In the other column, you must list your liabilities, which include such things as debts and money you owe for business-related reasons. A balance sheet is so named because both columns should be balanced and show the same total profit […]
Online Accountants UK: Find Accountants Near MeThis gives you unlimited access to your savings, so you can make as many withdrawals as you need and can be opened online. However, this is also only for existing current account holders. As a Crunch client, you’ll be able to get a complete overview of what tax you owe with our real-time dashboard, giving […]