Bookkeeping

For example, some watchdogs believe nonprofits should spend no more than 35% of their donations on overhead. The  Better Business Bureau suggests that nonprofits should spend less than 10% [...]

Even if a credit memo is given for a returned item or a canceled transaction, the customer is still responsible for any remaining balance. No matter what, credit memos are important for business [...]

It is calculated by dividing the cost of goods sold (COGS) by the average inventory during the same period. A higher ratio indicates efficient inventory management, suggesting that the company is [...]