How Do You Invoice Billable Hours?
To invoice billable hours, you should keep accurate track of the time spent doing a client's work. As a freelancer or...
Gross Profit Margin: How to Calculate It
One way to measure the profitabiıliy of your business is to calculate the gross profit margin. To provide services or goods...
Net Profit Margin and How To Calculate It
Implementing better cost control and minimizing expenses can help a small business achieve a higher net profit margin and overall business...
Operating Profit Margin: Formula and How To Calculate It
The operating profit margin (OPM) should be a key performance indicator if you aim to sustain and grow your business. From...
How To Calculate Profit Margin?
It's essential for small business owners who want to improve efficiency, compare financial performance, and secure investment(s) to know how to...
What Is Bookkeeping?
Some of the common questions about bookkeeping are: What is bookkeeping? How does it work? Who is a bookkeeper? How much...
What Are Billable Hours? Setting Your Billable Rates
Billable hours is a value-based pricing method you use to ensure that every minute spent on a client's project is accounted...
Accounting Software for Accountants: 9 Things to Consider
So, you are a practicing accountant searching for the right accounting software for accountants. Your focus is small to mid-size businesses...
What are performance metrics? Why should small businesses track them?
Performance metrics give small business owners a benchmark to compare the efficiency of efforts toward achieving their goals in sales, production,...
What is Absorption Costing in Accounting?
Every production process has its related costs that are both direct and indirect. Absorption costing takes all of these into consideration....