This $5 must then contribute to fixed costs like rent and salaries. Understanding the contribution per unit is pivotal in the realm of business finance and management. The contribution per unit is a versatile tool that informs many aspects of business operations. If your variable expenses per unit are $5 and you sell each seedling […]
Category Archives: Bookkeeping
The evolution of the imprest system reflects the changing needs and complexities of financial management. This system ensured that funds were available for essential expenditures without the risk of mismanagement or embezzlement. This is done by submitting the accumulated receipts to the finance department, which then issues a check for the total amount spent, thus […]
A Statement of Trade Name must be filed and paid for online. A nonprofit may, but is not required to, file a statement of trade name for any name other than its true name under which it does business. If two persons have filed the same trade name, how do I know with whom I have […]
Wage garnishment is a legal process that requires employers to deduct money from an employee’s wages for the payment of a debt in accordance with a court or agency order. They are returning any payments received during the suspension period to the sender and have indicated that they will issue reinstatement notices to employers to […]