Kategori: Bookkeeping

The cost of goods sold (COGS) represents the direct costs incurred in producing or purchasing the goods that you sell during a given period. This guide has tips to help you become the best manager you can be! Plus, free printable templates and checklists are included for use in your retail store assets = liabilities… continue reading

Farming involves multiple sources of income, including sales of crops, livestock, and government subsidies or grants. Properly tracking each source ensures you understand which areas of your business are most profitable and where to focus your efforts. Farmers can plan ahead by managing expenses, forecasting revenue, securing short-term financing, and setting aside savings for lean… continue reading