Double Declining Balance Method DDB Formula + Calculator

While companies do not break down the book values or depreciation for investors to the level discussed here, the assumptions they use are often discussed in the footnotes to the financial statements. Furthermore, if a company routinely recognizes gains on sales of assets, especially if those have a material impact on total net income, the […]

What is Project Accounting? 2021 Guide with Examples & Best Practices

By being able to identify the costs and economic opportunities involved in specific projects, project managers and other stakeholders can build an understanding of how to grow their business. Seeing that the actuals are different from planned, one might need to run a little investigation and unmount to what happens at the task level. Your […]

The 10 Best Bookkeepers in Minneapolis, MN with Free Estimates

When your books are up to date, you can respond to opportunities and challenges quickly. Accurate, bank-ready financials allow you to make better business decisions. We also support clients that use other merchant processors. Give us a few details and we’ll match you with the right pro. They often work closely with law enforcement and […]