Understanding Product vs Period Costs in Cost Accounting

In accounting, product costs are usually measured as part of the inventory. They’re often broken down into subcategories of fixed and variable costs, which can be used for calculating things like the break-even point. When a company sells its products, the product...

A Guide To Construction Working Capital

It might indicate that the business has too much inventory or isn’t investing excess cash. Alternatively, it could mean a company fails to leverage the benefits of low-interest or no-interest loans. Current assets are economic benefits that the company expects...

How To Record a Vendor Refund in QuickBooks

QuickBooks Accounting supports integrations with other payroll services, but it offers its own software as well. We rate QuickBooks Payroll highly in quickbooks online and it will appear as the “Payroll” tab on your dashboard if you use it. From Reports, you’ll be...