In 2016, the Financial Accounting Standards Board (FASB) published Accounting Standards Update (ASU) No. 2016-14, "Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities." This document mandates changes to non-profit financial statements. Organizations are encouraged to learn more about these new requirements and even consider early adoption. Even if an agency decides against early implementation, fiscal and management staff should review the ASU and identify decisions to be made and bookkeeping changes necessary for compliance.
Product quality and customer service won't matter if you can't get inventory in the right place at the right time..
Many small businesses walk a tightrope between accounts receivable and accounts payable. It is a constant challenge to.
Your job costing system is an invaluable part of your business, forming an integral part of the workflow process. You.
It's time to calculate your profit margins so you know which products to keep, which to dump, and which need major.
Job costing, particularly in the construction industry, is as much an art as it is a science. It's a careful balance.
If you are using QuickBooks Online for your accounting and bookkeeping, you should learn about the Company Snapshot.
