Home American Institute of Professional Bookkeepers
Content Bookkeepers oversee a company’s financial data and compliance. Licensure How to Be a Successful College Student How To Become A Certified Bookkeeper: Certification And Requirements The first two parts of AIPB’s exams require in-person scheduling at Prometric testing centers. Test-takers complete their exam on a computer and receive a printout of their final score […]
What is profit and loss PnL and how to calculate it
Content Profits and Losses with the Average Cost Curve Why is net profit important? How to Hedge Against an Event-Driven Market Correction How to calculate break even? Current Value Types of Profit and Loss Statements One is a cash basis statement, and the other is an accrual statement. These two options use slightly different methods […]
T accounts by Daniel H Neilson
Content T-Account: Definition, Example, Recording, and Benefits How do you calculate the balance on a T-Account? What Is a T-Account for Small Business? T-Account Opening and Closing Balances Next Step How a T-Account Appears in Balance Sheet Accounts Mary Girsch-Bock is the expert on accounting software and payroll software for The Ascent. If you’re using […]
Genuine Article Bookkeeping and Consulting Genuine Article Bookkeeping and Consulting
Content Year-Round Tax Planning Tax Services austin briggs Top 40 Bookkeeping Services in Austin Bookkeeping for Busy People Since the series had already started, I decided to take a couple of the individual classes, which were part of the series. From day one, I was impressed with not only the class, but the instructor, Mr. […]
What is Management Accounting and Its Functions?
Content The differences between financial and managerial accounting Book traversal links for Uses of management accounting Certificate in Accounting and Finance QLS Level 1 Award Financial vs. Managerial Accounting These reports and information provided by management accounting help business leaders estimate the effects of alternative actions to achieve the desired goals. While considering the needs […]
Variance Analysis Volume, Mix, Price, Fx Rate
With PPV accounting, when an order is placed, you create an entry with a debit in the amount of the estimated cost, determined by multiplying the amount of product by the standard amount. Once the invoice is received, the actual amount is entered in as a credit. A positive PPV is entered as a credit, […]
Chart of Accounts Example Format Structured Template Definition
This Sample Chart of Accounts Template is a basic structure designed to prepare an organizational chart regarding the various accounts that the organization has. You can easily download this template anytime and anywhere based on the requirements you have. Another account is credited, and vice versa, every time you record a debit. You might have to reference the […]
Coupon rate definition
Content Mutual Funds and Mutual Fund Investing – Fidelity Investments Differences Between Real and Nominal Rates What Is Coupon Rate and How Do You Calculate It? Formula and Example Difference between Coupon Rate vs Interest Rate YTM Where does the term Coupon Rate come from? How Are Coupon Rates Affected by Market Interest Rates? An example […]
Debits and Credits Explanation
Content Join over 140,000 fellow entrepreneurs who receive expert advice for their small business finances Three Statement Model Links Credit and debit accounts Recording a sales transaction What Accounts Are Debit and Credit? So, every time our expenses rise, they get “debited” in the ledger, and every time they fall, they are credited. Additionally, accurate […]
What Is The Breakeven Point BEP?
Content Ask Any Financial Question How to Calculate Break Even Point (BEP)? Make smarter decisions Dependent on reliable data What Is Break-Even Analysis and How to Calculate It for Your Business? How to Calculate the Breakeven Point If you’re thinking about changing your business model, for example, switching from dropshipping products to carrying inventory, you […]