New Zealand introduced a Goods and Services Tax (‘GST’) on 1 October 1986. This is similar to VAT, and based on the OECD’s standard indirect tax regime model. It is…

Grounded on the desktop, it offers a suite of command centers addressing various facets of your business, from sales and invoicing to payroll, accounting and inventory. Its commitment to the…

Here are five more small-business accounting software options that could work better for you. Zoho Books automates the most common (and, let’s face it, boring) bookkeeping tasks—which means you can dedicate…

You’ll remember from Accounting 101 that assets are anything you own and liabilities are anything you owe. Illiquid assets are excluded from the calculation of the quick ratio, as mentioned…

If the revenues come from a secondary activity, they are considered to be nonoperating revenues. For example, interest earned by a manufacturer on its investments is a nonoperating revenue. Interest…

This enables more personalized interactions, faster and more accurate customer support, credit scoring refinements and innovative products and services. David Parker is Accenture’s global financial services industry practices chair who…

Assume a company purchased 100 items for $10 each and then purchased 100 more items for $15 each. The COGS for each of the 60 items is $10/unit under the…

However, these rates may vary depending on the size of your company, the number of jobs and employees you manage, and your unique needs. Just as you have project managers…

Stark Yager, Ltd. is an accounting firm in Franklin that has closely helped family-owned and start-up businesses for more than 40 years. The company offers a broad range of accounting,…

Powerful forecasting tools enables construction businesses to confidently plan ahead and protect profit margins. Job costing sounds complex, but there are accounting software tools construction bookkeeping to make it more…