High revenue doesn’t guarantee high profits if your costs are equally high. Gross profit provides the first layer of profitability analysis by showing what remains after direct production costs. Use gross profit to evaluate your core business model’s viability and production efficiency. Use net profit to assess overall business profitability after all expenses. Your gross […]
Category Archives: Bookkeeping
This can be a major advantage in industries that periodically suffer from sharp declines in sales. Since a company’s total costs (TC) equals the sum of its variable (VC) and fixed costs (FC), the simplest formula for calculating a company’s variable costs is as follows. A higher contribution margin indicates greater profitability for each product […]
There are no limits to the number of scans or storage, which is handy. All the receipts you scan get saved automatically, so there’s no way of losing them. The info gets straight to the fully secured cloud storage, so once you’ll log into your acc, all the info will be there. Besides, the app […]
To get started, schedule a free, no-obligation consultation to discuss your business and learn more about our bookkeeping services. Manchester Bookkeeping Network members help you stay ahead of the tax curve by partnering with your team. Year after year our members find clients money by spotting incorrect charges, double billing, ancient recurring fees that should […]
They even helped me fix my syncing issues on Thanksgiving day! Recurring and usage-based charges are billed every 30 days. Simplify your ecommerce accounting with our powerful QuickBooks Online integration. This is a great feature to have on shopify but unfortunately it add up a lot of data correction on Quickbook. It supports syncing sales, […]
GAAP-aligned processes, audit-ready reporting, and multi-layer data security are the clear front-runners. In 2025, companies want access to up-to-date dashboards, rolling forecasts, and fast-turnaround reports. Fast-moving startups, U.S.-based service firms, and founders tired of chasing spreadsheets will find Bookkeeper360’s approach built for speed and clarity. Fast onboarding with real-time insights Paired with strong tooling, this […]