by Ashikur Rahman | Apr 24, 2024 | Bookkeeping
This is the cost of indirect materials and indirect labor required to produce the product. Indirect labor might consist of supervisors, maintenance personnel, and office staff. The cost of the product is reflected in the financial statements because it considers the...
by Ashikur Rahman | Sep 30, 2022 | Bookkeeping
If it’s financed through debt, it’ll show as a liability, but if it’s financed through issuing equity shares to investors, it’ll show in shareholders’ equity. This account includes the total amount of long-term debt (excluding the current portion, if that account is...
by Ashikur Rahman | Apr 26, 2022 | Bookkeeping
Microsoft defines Excel SUBTOTAL as the function that returns a subtotal in a list or database. In this context, “subtotal” is not just totaling numbers in a defined range of cells. Often, we use hide rows feature in excel to remove irrelevant items from...
by Ashikur Rahman | Apr 14, 2022 | Bookkeeping
Programmers have designed an array of specialized software to help with financial forecasting for startups. These platforms have advanced algorithms that analyze historical data and market trends to provide precise forecasts. Implementing such tools can...
by Ashikur Rahman | Feb 21, 2022 | Bookkeeping
Sign up to our monthly newsletter for industry insights, product news, partner updates and more. Rooms and Food & Beverage are typically the largest departments, with other departments summarized on the operating statement. hotel budget When creating your budget,...
by Ashikur Rahman | Oct 7, 2021 | Bookkeeping
Operating cash flow is calculated by taking cash received from sales and subtracting operating expenses that were paid in cash for the period. When your cash flow statement shows a negative number cash flow problems examples at the bottom, that means you lost cash...
