For example, purchases of antiques more than 100 years old are subject to California use tax even if the purchase was exempt from the import duties. Generally, if sales tax would apply when you buy physical merchandise in California, use tax applies when you make a similar purchase without tax from a business located outside… Continue reading California Payroll Taxes: Everything You Need to Know
So, if a car assembly plant needs to install airbags, it does not keep a stock of airbags on its shelves, but receives them as those cars come onto the assembly line. While the asset turnover ratio should be used to compare stocks that are similar, the metric does not provide all of the detail… Continue reading What is the fixed asset turnover ratio?
Our dedicated support teams are assigned based on your real estate market. One-on-one support is accessible via a toll-free hotline and email, and you’ll get regular notifications about new features and updates. Our development teams are also on hand for specialized troubleshooting, and our in-house cloud services team delivers connectivity support 24/7 via a dedicated… Continue reading Yardi Breeze Software Reviews, Demo & Pricing 2024
Securities that are traded over the counter (OTC), such as certain complex derivatives, are often quite illiquid. For individuals, a home, a time-share, or a car are all somewhat illiquid in that it may take several weeks to months to find a buyer, and several more weeks to finalize the transaction and receive payment. Moreover,… Continue reading Liquidity Premium Explained
After the work in process inventory has completely been manufactured, it can be sold to a customer as a finished good and is no longer considered a work in process. Raw materials inventory is the raw stock manufacturers order to produce their products. In this article, we’ll cover the importance of classifying WIP inventory, how… Continue reading Work In Process Inventory WIP: Definition, Formula & Examples
Banking services provided by Blue Ridge Bank N.A.; Member FDIC. The Retirable Visa® Debit Card is issued by Blue Ridge Bank N.A. Pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted. Your funds are FDIC insured up to $250,000 through Blue Ridge Bank, N.A; Member FDIC.… Continue reading What Is the Additional Medicare Tax?
Started by successful startup entrepreneurs, Pilot understands the challenges other startup entrepreneurs face in keeping the books and preparing their businesses for growth. That’s why we chose Pilot as the best accounting firm for startup businesses. For example, if your business reaches a growth threshold, you can pay $225 a month for a plan that… Continue reading What does an accountant do?
We serve Raleigh, Cary, Durham, Apex, Garner, Wake Forest, Wilson, and all surrounding communities. According to the American Institute of CPAs, certified public accountant (CPAs) financially advise individuals, big companies and small businesses to help them reach their financial goals. Accountants do not automatically have a Certified Public Accountant (CPA) designation unless they have passed the Uniform… Continue reading Best 30 Bookkeeping in Durham, NC with Reviews
When you start any new business, you can’t expect customers or clients to magically find you. Instead, you’ll have to invest some time (and perhaps, money) in marketing your business. If you’re a brand-new business, chances are you don’t have any tax returns yet. There are many options for keeping track of your transactions, ranging… Continue reading Bookkeeping, tax, & CFO services for startups & small businesses
Understanding who buys gift cards, why, and when can be important in business planning. The following are selected journal entries from Printing Plus that affect the Cash account. We will use the Cash ledger account to calculate account balances. Recall that the general ledger is a record of each account and its balance. Reviewing journal… Continue reading T Account Examples