These expenses include salaries for administrative, support, and fundraising staff. Also included in this section might be rent, utilities, and technology for office space, and legal and other miscellaneous expenses. This helps raise awareness for their mission while ensuring sustainability and success in achieving their goals. Include revenue you expect to generate from fundraising events, […]

It allows me a place to capture all these fluttering thoughts and frustrations and joys which fluctuate through me on a daily basis. It clears my mind of flotsam and frippery, helps me articulate what I’m thinking or feeling, and paves the way for creative thoughts. This is an additional column that can be used […]

The first pieces of information required are the fixed costs and the gross margin percentage. Assume an investor pays a $4 premium for a Meta (formerly Facebook) put option with a $180 strike price. That allows the put buyer to sell 100 shares of Meta stock (META) at $180 per share until the option’s expiration date. Business Breakeven […]

You can calculate the break-even point after assigning costs to fixed or variable categories for each product. To calculate the break-even point in sales dollars, divide the total fixed costs by the contribution margin ratio. The contribution margin ratio is the contribution margin per unit divided by the sale price. We and our partners process […]

We take monthly bookkeeping off your plate and deliver you your financial statements by the 15th or 20th of each month. Instead, you can hire a virtual assistant to get your accounts set up or you can also hire a bookkeeper or an accountant who has experience using QuickBooks Online. The tracking inventory function is […]

Companies are embracing business process outsourcing (BPO) as a strategic solution to overcome challenging economic conditions. Growing businesses have to maintain relationships with many suppliers and vendors, and this usually ends up making the Accounts Payable process complicated. Vendors with different invoicing standards/procedures tend to make accounts payable processes quite cumbersome. Increased resources – Outsourced […]

Companies are embracing business process outsourcing (BPO) as a strategic solution to overcome challenging economic conditions. Growing businesses have to maintain relationships with many suppliers and vendors, and this usually ends up making the Accounts Payable process complicated. Vendors with different invoicing standards/procedures tend to make accounts payable processes quite cumbersome. Increased resources – Outsourced […]

For example, to add a new project, I clicked “time tracking” on the left-hand menu, then the “projects” submenu item. From there, I could click “+New Project” at the top of the resulting screen and fill out a simple form to add my new project. Want to check out software ranked by accounting features, not […]

Essentially, inventory is being held at upstream central locations, while retail stores are keeping a minimal amount of inventory on hand and are depending on fast replenishment from partners. Just-in-Time manufacturing is a production strategy focused on producing only what is needed, when it is needed, and in the amount required. Ohno’s system aimed to […]

Overall, though, Sage doesn’t have nearly as many built-in integrations as some of its small-business competitors. Customers can also add more users to each plan for an extra $3.30 per user per month (billed annually) or $4.40 per user per month (billed monthly). Each plan includes free access for your accountant, including the free plan. […]