Pricing decisions are among the most important decisions business owners, or their financial teams, make. Cost accounting methods help business leaders make wise pricing decisions. There are two basic costing systems that help you identify all direct and indirect expenses so you can make well-informed pricing decisions: the traditional costing system and the activity-based costing system. While both methods are valuable accounting tools, each one has a unique set of benefits and drawbacks.
No business can survive without bookkeeping. Bookkeeping is what collects money from customers, pays bills and.
Last week, AccountingDepartment.com Co-Founder, Bill Gerber, and Business Development Representative, Shawn Marcum hit.
In many companies, accounting comes as an afterthought. The main goal initially is to turn an idea into a profitable.
To round off this past week, AccountingDepartment.com Business Development Representative, Luke Backus attended the.
When starting or growing a business, a long list of tasks awaits you every day. Some of those tasks may be within your.
As a business owner, you always want to make sure that all operations run properly and efficiently. You want to ensure.