Juana Smith

It teaches you how much cash you’ll need to launch and operate your venture, what you can?expect to earn, and when you might run into trouble. Sensitivity analysis will?help you to understand how these changes can impact your numbers. And it allows you to?try and test out different scenarios and know how that would affect […]Continue reading

Content Characteristics of Force-Posted Fraud Direct Debit Payment Method What Is a Force Pay Debit Memo? How Does Someone Pay Me Through PayPal? Can you withdraw money if you have a negative balance? The banks will return any partial money when the transaction was attempted, but banks will likely charge a fee for the overdraft […]Continue reading

Addressing tax considerations with a fine-tooth comb ensures your income statement reflects the true financial position of your business after Uncle Sam takes their cut. Calculating the right tax burden involves more than just applying a percentage to your pre-tax income. You’ll need to include local, state, and federal taxes, alongside any payroll taxes applicable […]Continue reading

Content How to Calculate Cost of Goods Sold Calculating cost of goods sold FIFO If you know your COGS, you can set prices that leave you with a healthy profit margin. And, you can determine when prices on a particular product need to increase. FIFO accounting assumes that a company is selling its oldest products […]Continue reading

When you keep records of everything, you will be able to track your expenses versus your income, and it will give you a better idea of what you need to do to improve. It also gives you a view of your variable costs and these can definitely begin to add up very quickly. When you’re […]Continue reading