Payroll to Income Ratio, regularly referred to as Salary to Income Ratio, is a productiveness metric that measures how effective a enterprise is at using its labour prices to supply

Even if we don’t take currency into account, the U.S. government’s ability to pay thus becomes a vicious, or virtuous, circle. The “full faith and credit” of the government is

A bi-weekly (2-week/14 day) pay period consists of 26 pay periods in a year. Each pay cycle generally consists of 80-hours for a full-time employee. Like the weekly pay period,

The classified balance sheet definition and meaning operating cycle is the time it takes to purchase inventory, sell it, and collect the cash from the sale. These assets are listed

They are a small start-up and are unsure how to enter costs into their accounting system. Having just purchased Quickbooks software, it is time to decide how they get it

For example, the bakery might pay $300 for electricity in a busy month and $150 during slower months. This decision should be made with volume capacity and volatility in mind

I often find myself wishing for a simpler interface or at least a way to hide some of the less-used features. Another feature I found unexpectedly useful is the time-tracking

In certain situations, it may not be immediately apparent whether a payment constitutes a lease termination payment under the regulations. For example, the relevant legal documents may refer to a

The choice between job costing and process costing largely depends on the nature of the business and its production characteristics. Understanding where each method applies helps clarify their practical differences.