With our Enterprise solutions, you have the option to allocate a full-time equivalent (FTE) resource dedicated to managing and following up on payments from your customers. This comprehensive approach will help streamline your receivables management and improve your cash flow. By utilizing our professional financial bookkeeping services, you can clearly understand your spending habits and […]

Traditionally, overheads have been absorbed in the product cost based on a single basis of apportionment. For instance, in a labor-intensive environment, labor hours were used to absorb overheads. On the other hand, the machine hours were used to absorb overheads in a machine incentive environment. So in summary, the overhead rate formula relates your […]

Amortization expenses account for the cost of long-term assets (like computers and vehicles) over the lifetime of their use. Also called depreciation expenses, they appear on a company’s income statement. A loan doesn’t deteriorate in value or become worn down through use as physical assets do. Loans are also amortized because the original asset value […]