Bookkeeping

Entries without a C or R next to them have not been cleared. These are the same transactions that weren’t cleared in our bank reconciliation, as […]

The standard overhead rate is the total budgeted overhead of $10,000 divided by the level of activity (direct labor hours) of 2,000 hours. Notice that fixed […]

The NPV formula for Excel uses the discount rate and series of cash outflows and inflows. While you can calculate PV in Excel, you can also […]

Flat-rate fees are generally higher than variable fee structures, but they offer the same rate no matter how overdue your invoice is. The face value of […]