A declining ROA could also indicate the company’s profits are shrinking due to declining sales or revenue. The ROA formula is an important ratio in analyzing a company’s profitability. The ratio is typically used when comparing a company’s performance between periods, or when comparing two different companies of similar size in the same industry. Note […]
Category Archives: Bookkeeping
This strategy uses investments that offer a fixed return over a set period of time, such as CDs or deferred fixed annuities, to protect a portion of your principal. Your remaining assets are then invested in growth-oriented securities such as stock mutual funds or exchange-traded funds (ETFs). Deferred annuities can allow you to accumulate tax-deferred […]
Content Budget Variance in a Flexible Budget Versus a Static Budget Budget variance in a flexible budget vs. a static budget Standard cost yield variance- Recommended Reading Why Budget Variance Analysis Is Important for Healthy Businesses Defining Operating Budget OPEX Review The Production Process To Investigate Standard Cost Variances To make informed decisions about pricing […]
One thing that you should do is to take a peek through the details of your asset accounts. You want to be looking for any glaring errors that you mistakenly booked to an asset account. This will help determine whether any of your outstanding receivables can be written off as bad debt. However, amidst End […]
Content SBS Management, LLC The Pros and Cons of Hiring an In-House Accountant for Your Business What is the Bookkeeping program? Do bookkeepers do payroll? What is the difference between bookkeeping and accounting? We’re San Antonio bookkeepers led by Accountants (CPAs) that provide a world-class San Antonio bookkeeping service, so you can focus on your […]
Content What Is Cash-Basis Accounting? Benefits of Cash Basis Accounting What is Cash Basis Method of Accounting? Use in contract accounting Can You Be Cash Basis If You Have Inventory? Example of Cash vs. Accrual Advantages and disadvantages of cash basis accounting If you sell $5,000 worth of machinery, under the cash method, that amount […]