Fully Loaded CostSave Hours of Time & Thousands on Your Payroll CostsThe fully-burdened labor cost is the full hourly cost to employ a worker for the hours she actually works, which includes wages and the “burden” of the additional costs. You can... Read more
Does an expense appear on the balance sheet? — AccountingToolsCost of ImprovementsCurrent assets are generally reported on the balance sheet at their current or market price. Interest is defined as a fee paid by a borrower of assets to the owner as a... Read more
Budgeted Synonyms & AntonymsAre we missing a good synonym for budgeted?To fix your finances, you need to get a handle on your outlay first. Online banking and online budgeting software can help you categorize spending so you can make adjustments.... Read more
What is budgeted revenue? Definition and meaningTo calculate potential profit for the period, the budget should include expenditures such as prepaid expenses, bank interest payable on credit facilities and capital expenditure repayments. Assets and d... Read more
Preparing a Budgeted Balance SheetAccounting is considered the language of business because its concepts are time-tested and standardized. Even if you do not utilize the services of a certified public accountant, you or your bookkeeper can adopt cert... Read more
How to Prepare a Sales BudgetAccounting provides the starting point of budgeting by providing historical data on revenues, costs, and expenses. An accountant becomes the translator of the budget and communicates the budget to all areas of responsibil... Read more
7 Steps to a Budget Made EasyThe major components of a master budget include income and expenses, overhead and production costs, and the monthly, annual, average and projection totals. A master budget is an aggregate of a company's individual budgets... Read more
Fixed costRelated TermsWith sales matching costs, the related transaction is said to be break-even, sustaining no losses and earning no profits in the process. For example, the break-even price for selling a product would be the sum of the unit's fix... Read more
Bottom line — AccountingToolsAbout Bottom Line Accounting & Tax, LLCIn order to pursue the goal of sustainability, corporate and government leaders must manage companies and economies in terms of balancing and optimizing the triple bottom line of... Read more
LoanIn the end, the home is still able to be purchased as a primary residence which includes keeping the lower interest rate and lower down payment. Keep in mind, USDA and VA loans do not allow non occupying co-borrowers.Lending vs BorrowingWhy won't... Read more
