Bookkeeping Blog

Marketing For Accountants

These details belong to the billpayer and ideally should be made available as a matter of routine. The structure of this accounting process can only operate as designed when a full complement of information is submitted to the advertiser. At this poi... Read more

How To Use An Accounts Receivable Aging Report

Ideally, you want most of your accounts receivable balance to be in this column because it means most of your customers pay on time. In a perfect world, all your customers would pay on time — or even early — and you would have no need for accounts re... Read more

Total Absorption Costing

Therefore, variable costing is used instead to help management make product decisions. Fixed overhead is treated as a period cost and does not vary as the volume of inventory changes. This results in income increasing in proportion to sales, which ma... Read more