Anfisa is a talented accountant.
In this blog she talks about accounting services, payroll, investment consulting, tax training and much more.
AnfisaWDmitrieva@www.business-accounting.net
Phone: 303-647-3438
Operating profit eliminates several extraneous and indirect factors that can obscure a company’s real performance. Charlene Rhinehart is an expert in accounting, banking, investing, real estate, and personal finance. She is a CPA, CFE, Chair of the Illinois CPA Society Individual Tax Committee, and was recognized as one of Practice Ignition’s Top 50 women in accounting. Some purchases (such as a company car, equipment, machinery, etc.) provide benefits for a year… Certificatio […]
However, the sales values may be used in calculating a company’s profit margins and overall sales profitability. The amount of money earned through the sale of products and services alone. For instance, if you sell 300 $10 specials in the course of a month, your sales on that special alone are $3000. All too often, we are at a loss for words when it comes to talking finances.
Sales allowances refer to refunds provided after-sale to customers (more…) […]
If money is placed in a savings account with a guaranteed interest rate, then the FV is easy to determine accurately. However, investments in the stock market or other securities with a more volatile rate of return can present greater difficulty.
This means that interest is paid on interest earned in previous periods. Will only really be accurate if the interest rate stays the same and the initial investment is unchanged. Changes in the economic environment, like fluctuations in the value of a […]
This page explores the skills and education necessary to become a bookkeeper, including tips for career development. Bookkeepers and accountants both keep track of a company’s financial transactions. Accountants focus more on interpreting data, while bookkeepers focus on storing the data. Generally, accountants have more schooling than bookkeepers to help them interpret reports and determine the financial health of a business. Many accountants gain experience working as bookkeepers to lea […]
They need to calculate economic order quantity to lower holding costs in the future. To calculate inventory carrying cost, divide your inventory holding sum by the total value of inventory, and multiply by 100 to get a percentage of total inventory value. As well as the capital costs of constructing processes and storage units is pursued with the framework of batch-storage network of which flows are susceptible to periodic or sporadic operating time losses. Monitoring and understanding key inve […]
Return on investment measures the efficiency of an investment, including the amount of return on an investment relative to its cost. Accountants can also use ROI to compare the efficiency of more than one investment. To calculate ROI, subtract the cost of investment from the current value of investment, and divide that by the cost of the investment. A popular metric, ROI helps investors choose the best investment opportunities. On credit, also called on account, is an agreement for an individua […]
If you voided it with the bank, the bank should reject the check when it is presented. If you did not void it with the bank, then you must record the check with a credit to the cash account and a debit to indicate the reason for the payment . For example, if a company receives $900 on Saturday, June 29, the debit to the Cash account will show the date of June 29, even if the money is deposited in the bank account on Tuesday, July 2.You’d notice this as soon as (more…) […]
A contractor may go a month or two with no projects ending, meaning they essentially have no income to report. Costs Incurred is the costs incurred to build the bridge as estimated by the company’s engineer. Make sure your methods of calculating revenue and expenses are standardized across all projects. Decide which methods you will use to verify the expenditures incurred during the various periods for which you will be recognizing revenue and expenses. (more…) […]
Depreciable assets can range from office furniture and machinery to property. Two common methods of depreciation are straight-line and declining balance. The method used to calculate depreciation depends on the expected life of the asset and the goals of using a depreciation method. The most common types of depreciation methods include straight-line, double declining balance, units of production, and sum of years digits. The depreciation expense is based on a portion of the company’s tang […]
Plus, you’ll need to pay yourself as an employee of your business, which means regular payroll runs. Your team of advisors is here to help you get the most out of your S Corp. Every quarter we look at your financial information and identify where you could potentially save money on taxes. Our quarterly file reviews ensure that your bookkeeping is up to date. With up to date numbers, we can provide personalized tax advice that maximizes your tax savings. The monthly price includes filing a […]
