The origin of this term dates back to management accounting practices in 1920s America, when businesses began tracking costs related to production more closely than ever before. The cost of goods manufactured is the money spent on materials and labor for a given period’s output. Instead of working with disconnected tools, Kladana centralizes all cost of […]
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Content How to Find the Right Bookkeeper For You Cons of Remote Bookkeepers Follow These Small Business Financial Resolutions for 2022 Bookkeeping for Your Small Business Advantages of hiring a bookkeeper Once your business has outgrown your bookkeeping capabilities, it actually can be dangerous to keep trying to do it on your own. Experienced bookkeepers […]
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Content How to record allowance for doubtful accounts as journal entries Debit or Credit? Accounts Receivable Aging Method Allowance for Doubtful Accounts and Bad Debt Expenses Let’s say you review historical collection data from the last year and discover that you write off 5% of your invoices on average. You can use three methods to […]
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It slows your breathing, reduces your heart rate, and lowers your stress hormones. Kids are on devices now more than ever, and for many, screens have been a large part of their childhood. Without proper screentime monitoring and limits, technology can take away valuable face-to-face socialization practice and provide a way to avoid discomfort. Technology […]