Bookkeeping

Bookkeeper Job Description, Skills, Experience and Education

Get started by signing up for the Intuit Bookkeeping Certification program today. QuickBooks Live connects bookkeepers with small businesses that need help doing their books. Some tasks QuickBooks Live bookkeepers perform include providing assistance in setting up charts of accounts, categorizing transactions, reconciling accounts, preparing financial reports, and more. A bookkeeping certificate can help you …

Bookkeeper Job Description, Skills, Experience and Education Read More »

A rolling-horizon approach for multi-period optimization

Finally, the fabrication position (FPOS) aggregate is used to represent the FE level in the supply picture offered by master planning. In this paper, we differentiate between orders that are fulfilled by FP, DREP, and FPOS product aggregates. The structure of the considered semiconductor supply chains including the different product aggregates is shown in Fig. …

A rolling-horizon approach for multi-period optimization Read More »

Inventory Turnover Ratio: Full Guide Formula & Calculator

A lower number of inventory turnover days indicates more efficient inventory management, as the company is selling its inventory faster and keeping less stock on hand. Conversely, a higher number suggests that inventory is taking longer to sell, potentially leading to issues such as obsolescence, storage costs, and reduced cash flow. It’s a handy financial …

Inventory Turnover Ratio: Full Guide Formula & Calculator Read More »

Hurdle Rate Definition, Formula, Examples, Vs IRR, Importance

Also, this method does not consider the possibility that various projects might have different durations. The rate of return excludes potential external factors, and is therefore an “internal” rate. Learn more about best hr payroll software systems and companies 2021 rates of return in CFI’s financial modeling & valuation courses. While both the hurdle rate …

Hurdle Rate Definition, Formula, Examples, Vs IRR, Importance Read More »

Understanding Contra Revenue

Inconsistent Application Across TransactionsApplying inconsistent rules or standards for recording contra revenue items can compromise the accuracy and reliability of financial statements. A comprehensive way to determine the correctness of accounting in an organization is to compare the results of inventory with accounting data on the corresponding date. As you know, inventory should cover not …

Understanding Contra Revenue Read More »

Accounting Equation: What It Is and How You Calculate It

Income and expenses relate to the entity’s financial performance. Individual transactions which result in income and expenses being recorded will ultimately result in a profit or loss for the period. The term capital includes the capital introduced by the business owner plus or minus any profits or losses made by the business. Profits retained in …

Accounting Equation: What It Is and How You Calculate It Read More »

Accounts Receivable: Mastering Effective Management Strategies

A dunning letter is a collection notice that alerts a customer to overdue payments. A common misconception is that the biggest accounts receivable challenges are related to late payments or high DSO. These are actually consequences of having poor AR management processes in place. Improved Billing & Invoicing Be sure to write out and update …

Accounts Receivable: Mastering Effective Management Strategies Read More »