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Category Bookkeeping

How to Become a Bookkeeper Courses Online

Some also cover how to use popular bookkeeping software and may even offer certifications upon course completion. The level of detail and length of the course will depend on whether it’s designed for someone looking to launch a career or…

What is net profit & how to calculate formula + examples

Accounting profit is a company’s total earnings, calculated according to generally accepted accounting principles (GAAP). It includes the explicit costs of doing business, such as operating expenses, depreciation, interest, and taxes. From the edited figures above, the company’s total revenue is the…

Payroll Outsourcing In 2024: The Ultimate Guide

As mentioned before, these are further areas where a misstep by a payroll outsourcing provider can become a problem for both the provider and the client company. If a company is outsourcing internationally, it shouldn’t assume that it can ignore…

How to Calculate FIFO and LIFO

This means the value of inventory is minimized and the value of cost of goods sold is increased. This means taxable net income is lower under the LIFO method and the resulting tax liability is lower under the LIFO method.…

Find Freelance Accounting Jobs Online

So think about your preferences and needs when it comes to the ideal work-life balance. An important downside to consider are all the employee benefits that were coming with your 9-5 job which now won’t be a part of…

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