Autor: Danely Rangel

Whether or not to use the retail inventory method largely depends on the type of business you run. In this article, we’ll discuss what the retail inventory method is, how to use it, and how to calculate it. As a retailer, you’re hurtling towards growth — you have hundreds of customers, and thousands of units…

That should make collaboration easier for Xero-using small-business owners who (wisely!) work with financial advisors around tax time. And thousands of accountants and bookkeepers do use Xero already, so you can search Xero’s directory to find a local accountant who’s already familiar with the software. Even though we generally prefer Xero to QuickBooks, QuickBooks Online…

Differential cost analysis is related to the future course of action or future level of output, so it deals with future costs. Historical costs or standard costs may be used but they should be suitably adjusted to future conditions. Based on this differential analysis, JoannaBennett should perform her tilling service rather than work at thestable.…

This difference in cost helps managers decide which path will lead to more profit. Thus, differential cost includes fixed and semi-variable expenses. It is the difference between the total cost of the two alternatives. Therefore, its analysis focuses on cash flows, whether it is getting enhanced or not. Therefore, all variable costs are not part…