by admin | Nov 13, 2024 | Bookkeeping
This article will introduce construction accounting, including the key principles and techniques for managing your construction business. Job costing is a powerful bookkeeping tool for construction companies, who often do...
by admin | Nov 12, 2024 | Bookkeeping
However, the more projects you have on the go and the more people that work for you, the more you need to have a reliable bookkeeping process. Embracing innovative construction bookkeeping practices is critical to maintaining a consistent operational cash cycle....
by admin | Jan 27, 2023 | Bookkeeping
Once the sale is completed, clients typically receive their funds including any gains via check or direct deposit to their bank account. Depending on the context, the term redemption has different uses in the finance and business world. In finance, redemption refers...
by admin | Jan 27, 2023 | Bookkeeping
However, bonds with higher yields might have a protection or waiting period according to the bond’s maturity date. For example, a five-year bond might not be able to be recalled until two years after it is issued. Callable bonds are less likely to be redeemed when...
by admin | Dec 14, 2022 | Bookkeeping
Regularly reviewing and updating these bases ensures that cost allocation remains fair and reflective of current realities. For example, if a company undergoes a significant restructuring, the allocation of HR services might need to be adjusted to account for changes...
by admin | Dec 13, 2022 | Bookkeeping
The company has calculated the following usage of X and Y’s services. If you remember your school maths, you will note that the equations for C and D are simultaneous – ie C is a function of D, and D is a function of C. Various approaches are possible to solve...
