دسته بندی مقالات
What is a Variable Expense? Variable Expenses: Definition and Examples
If a business increases production or decreases production, rent will stay exactly the same. Although fixed costs can change over a period of time, the change will not be related to production, and as such, fixed costs are viewed as long-term costs. For example, if no units are produced, there will be no direct labor […]
How to Hire a Bookkeeper for Your Busines: The Ultimate Guide
While a formal degree in accounting or bookkeeping isn’t mandatory, certifications can enhance your credibility. Bookmark these resources to keep learning about what’s new in the bookkeeping industry, best client practices, and how to grow your business. We’ve already talked about your ideal customer; your market and client research should help to inform you where […]
Double Declining Balance Method for Depreciation With Examples
To illustrate the double declining balance method in action, let’s use the example of a car leased by a company for its sales team. This will help demonstrate how this method works with a tangible asset that rapidly depreciates. Download the free Excel double declining balance template to play with the numbers and calculate double […]