Category: Bookkeeping

And by removing manual data entry, you immediately save time (and reduce drudgery) for your employees, and can re-orient them towards more strategic, impactful activities. That’s better for their morale (and retention) but also saves the company money by requiring less workforce to manage the payment acceptance process. Sage Intacct provides connected solutions across financials,… Continue reading What is ERP and What are some ERP System Examples?

Assume this GAA is depreciated under the 200% declining balance method, has a recovery period of 5 years, and uses a half-year convention. Duforcelf does not claim the section 179 deduction and the calculators do not qualify for a special depreciation allowance. In 2021, Duforcelf sells 200 of the calculators to an unrelated person for… Continue reading What Assets Cannot Be Depreciated? Ultimate Guide

As another example, say you want to know whether or not eating breakfast affects student test scores. The factor under the experimenter’s control is the presence or absence of breakfast, so you know it is the independent six reasons why organic growth is so important variable. The experiment measures test scores of students who ate… Continue reading statistics how to tell whether x and y are independent or not Mathematics Stack Exchange

A C-Corporation (or C-Corp) is a legal structure for a corporation in which the owners, or shareholders, are taxed separately from the entity. C corporations, the most prevalent of corporations, are also subject to corporate income taxation. The taxing of profits from the business is at both corporate and personal levels, creating a double taxation… Continue reading Pros and Cons of Forming a Corporation