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Thought Leadership from the Leaders in Virtual Accounting and Bookkeeping Services
24, March
2017

How to Determine Profit Margins on Services

Understanding your profit margins is a critical component of healthy financial management. With a product-oriented business, profit margins are often largely focused on tangible goods and materials that are easily quantifiable. However, if you are in a service-based business, understanding profit margins can become a bit trickier. For services, determining profit margins requires looking into more intangible factors and qualitative factors to figure out whether your business is really getting a good ROI or not.

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13, June
2016

How to Boost Profit Margins with Job Costing

Profit margins are what makes your business go round, but if you aren’t paying attention, unexpected and.

22, January
2016

How to Accurately Job Cost in an Agile Project Environment

Your business life is easier when you deal with projects in a waterfall methodology. You follow a linear course with.

19, January
2016

3 Reasons to Use Time Tracking Even if You Charge a Flat Rate

Your company always uses flat rates for client projects. You don't want to deal with the hassle of time tracking,.
6, February
2015

3 Reasons to Audit Your Job Costing System

Your job costing system is an invaluable part of your business, forming an integral part of the workflow process..

19, January
2015

How to Encourage Departments to Accurately Report Expenses

Your company incurs plenty of expenses, especially when you have a global workforce you send out on a regular basis..

15, December
2014

The 3 Best Practices of Job Costing

Job costing, particularly in the construction industry, is as much an art as it is a science. It's a careful balance.

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