Cost of sales focuses only on the manufacturing expenses, ignoring the selling, general and administrative (SG&A) expenses and interest expenses (charges for borrowing money). Net income is what a business or individual makes after taxes, deductions, and other expenses are taken out. In business, net income is what a company has left after all expenses […]
Category Archives: Bookkeeping
A number of insurers offered several versions of their policies — some with lower premiums but also with fewer doctors and hospitals. Average premium increases vary a lot by state because competition and insurers’ claims costs vary. A study of nine state exchanges by Avalere Health found average premiums for silver plans increasing by as […]
You should be aware of any differences in how your paychecks are calculated. Once more this pertains to the employee’s for filing standing, the quantity of allowances and any further withholdings. In this column you have to add just the name and the state of your employee where they reside. This will aid the tool […]
While both terms Coffee Shop Accounting are related to a company’s ability to meet its financial obligations, they represent different aspects of its financial position. In this article, we will explore the attributes of liquidity and solvency, highlighting their key differences and similarities. The debt-to-equity ratio measures financial leverage by dividing total liabilities by shareholders’ […]
If you receive a U.S. government pension, however, you may be entitled to subtract part or all of that pension on your Oregon individual income tax return. The state also does not tax Railroad Retirement benefits. And depending on your age and income, you may be entitled to a retirement-income credit on your Oregon return. […]