Rental Property Accounting 101: What Landlords Should Know
Cash basis accounting allows you to record earnings on the income statement when the money arrives. Avail is another online tool serving landlords and property managers. It has a range of features designed to streamline property management tasks. Download the essential monthly financial checklist Landlords can prepare reports and statements to track the performance of […]
Top soft skills for accounting professionals
Professional skepticism will make it easier to ask the right questions and find the “why” instead of just trusting information at face value. In fact, in a recent survey reported by the Society for Human Resource Management, 97% of employers stated soft skills were either as important or more important than hard skills. Whether a […]
How to Calculate a Breakeven Point
It aids in strategic decision-making regarding pricing, cost control, and sales targets. If the stock is trading at $190 per share, the call owner buys Apple at $170 and sells the securities at the $190 market price. The profit is $190 minus the $175 breakeven price, or $15 per share. Assume that an investor pays a $5 […]
How to Price a Product in 5 Steps + Profit Calculators
On the other hand, you can consider a Bookkeeping for Veterinarians value-based pricing model for selling premium or unique items. A popular example of the value-based pricing model is Apple products, such as the iPhone, iPad, and MacBook. They are priced based on the perceived value they offer to customers rather than just the cost […]