Bookkeeping

Nisan 17, 2023

What are Variable Expenses? with picture

If companies ramp up production to meet demand, their variable costs will increase as well. If these costs increase at a rate that exceeds the profits […]
Mart 22, 2023

What is SAP R2R in S 4HANA? Record to Report

The company’s gaming division, once the core of its business, recorded $2.6 billion in revenue, down 8% from last quarter. Its automotive division recorded gains on […]
Aralık 19, 2022

Understanding Provisions in Accounting: A Comprehensive Guide

The total tax a company anticipates for the current year is known as the provision for income tax. The tax provision is considered under income tax […]
Kasım 25, 2022

Is depreciation an operating expense?

Moreover, applying depreciation and amortization allows companies to budget better as they know precisely when an asset will need replacement or upgrading based on its remaining […]