Vertical Analysis Financial Edge
Horizontal analysis indicates long-term trends and highlights areas of strength and those that need improvement. Datarails’ AI FP&A software replaces spreadsheets with real-time data and integrates fragmented workbooks and data sources into one centralized location. This allows users to work in the comfort of Microsoft Excel with the support of a much more sophisticated data […]
What Does Construction In Progress Mean In Accounting Terms?
In this method, the number of units manufactured is divided by the total number of units to be manufactured. Under the IAS 11.8, if a construction contract relates to building two or more assets, each asset will be treated as a separate contract if specific conditions are fulfilled. The IAS 11.9 regulates the treatment of […]
Bookkeeper360 Review: Features, Pricing & Alternatives
Bookkeeper360 offers comprehensive bookkeeping services leveraging the power of QBO, alongside setup, training, and ongoing support. Under cash-basis accounting, revenues and expenses are recorded when cash is paid or received. Meanwhile, accrual accounting records revenue and expenses when earned or incurred. Learn more in our cash- vs accrual-basis accounting method comparison, which also covers when […]
Accounting & Bookkeeping Services for Construction Companies
Our streamlined payroll processing system guarantees precise and prompt payments for your personnel. We stick to a predefined payroll schedule, boosting worker happiness and morale by assuring timely payment of salaries. Our experts assess each contract or project for profitability by comparing project earnings to project expenditures. She’s also our go-to person for construction estimate […]
20 Ways Property Management Software Simplifies Operations
This guide breaks down the fundamentals of property management accounting to make it easy and approachable, even petty cash if you’re new to financial management. To avoid this, property managers need to ensure that payments are made on time. Accounting software can help by providing reminders and automating the payment process. Property managers often face […]
