Based in the Colorado Springs area, Erickson, Brown & Kloster, P.C. Offers QuickBooks and tax services to individuals and small businesses since 1984. They provide part-time CFO services, payroll, small business accounting, bank financing, audits, business valuation, cash flow management, strategic business and succession planning, internal controls, and more for small businesses. Providers Whether you…
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The variable costing income statement is highly crucial in managerial accounting. After deducting the fixed costs from the contribution margin, the variable 5 1 the need for adjusting entries financial accounting costing income statement reaches the net income. This income is similar to that reported under a traditional income statement. However, the method to arrive…
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Here are five strategies you can employ to address variances as soon as you spot them. Internal factors are those that are within an organization’s control—often related to operations, planning, or execution. External factors are those outside of a company’s control that can have an impact on actual figures. What is budget variance? Definition, causes,…
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We recommend doing your bookkeeping on a weekly or monthly basis to avoid getting too far behind. However, most bookkeepers lump payroll into a single category, making it difficult for owners to analyze labor costs. If you’re considering this route, check with adjusting entries other business owners for recommendations on the services they use. A…
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For this reason, cash-basis inventory accounting isn’t recognized by many regulatory bodies (including GAAP) and can skew a company’s financial picture. Inventory covers anything your business holds for resale or production at the end of an accounting period, including both finished products and raw materials. Massey and Company CPA is a boutique tax and accounting firm serving individuals…
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As an outsourced bookkeeper, the company offers its services remotely or on-site based on the customer’s schedule. The firm has certified QuickBooks ProAdvisors providing installation, setup, training, and support for clients and their accounting staff. Accounting and bookkeeping services in San Antonio are instrumental in enhancing your business’s financial health. Real-Time Insights Our mission is…
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