11 Key Talent Bookkeeping Skills And How To Assess Them

To be fair, this is a trait you can find in most people who just like to get into a groove because this is how they stay focused. If you can find someone who is more adaptable, though, it makes things a lot easier on you and everyone else on the team. Personally, I...

6 2 Variable Costing Managerial Accounting

Between variable and fixed costs are semi-variable costs (also known as semi-fixed or mixed costs). If companies ramp up production to meet demand, their variable costs will increase as well. If these costs increase at a rate that exceeds the profits generated from...

T-Account: Definition, Example, Recording, and Benefits

Because cash is an asset account, the Cash account will be debited for $20,000. To create and record a T account, you have to know how debit and credit rules apply to the different types of accounts. The use and purpose of a T account is to help business owners...

Xero Accounting Review: Features, Benefits, Pricing, and Cons

His career has seen him focus on both personal and corporate finance for digital publications, public companies, and digital media brands across the globe. If you’re looking for an accountant who specializes in Xero, you can search for an accounting advisor through...

Virtual Bookkeeping Services

In the cleanup/setup phase, your bookkeeper helps you set up your chart of accounts, connects your banks, and teaches you the basics of QuickBooks. If you have information in QuickBooks already, your bookkeeper will help clean it up in the first month of service. If...