Accounting Tools

APRIL 14, 2024

How to Calculate the Sales Volume Variance The sales volume variance is the difference between the actual and expected number of units sold, multiplied by the budgeted price per unit. The company may have altered the product price, which in turn drives a change in unit sales volume. Competition. Product recall.

Budgeting 40

Budgeting Cost Accounting Accounting Accounting 40

Accounting Tools

APRIL 8, 2024

What is Cost Plus Pricing? Cost plus pricing involves adding a markup to the cost of goods and services to arrive at a selling price. Cost plus pricing can also be used within a customer contract, where the customer reimburses the seller for all costs incurred and also pays a negotiated profit in addition to the costs incurred.

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Counto

APRIL 17, 2024

These flexible options are designed to cater to diverse employee needs and help businesses retain talent in a competitive market. Building a Cooperative Environment While the guidelines mandate employers to consider FWA requests, the decision ultimately rests with them, based on business viability.

Corporation Tax 98

Corporation Tax Payroll Bookkeeping Tax 98

Accounting Tools

MARCH 25, 2024

What is Absorption Pricing? Absorption pricing is a method for setting prices, under which the price of a product includes all of the variable costs attributable to it, as well as a proportion of all fixed costs. unit Advantages of Absorption Pricing There are two advantages to using the absorption pricing method.

Budgeting 40

Budgeting Accounting Accounting 40

Accounting Tools

MAY 10, 2024

Market price. There is a significant decrease in the asset’s market price. How to Allocate the Impairment of a Group of Assets If there is an impairment at the level of an asset group , allocate the impairment among the assets in the group on a pro rata basis, based on the carrying amounts of the assets in the group.

Auditing 40

Auditing Accounting Accounting 40

Accounting Tools

NOVEMBER 8, 2023

Related Courses Revenue Management Revenue Recognition What is Market-Based Pricing? Market-based pricing is the act of setting prices that are closely aligned with the current market prices of similar products. Related Articles Pricing Strategies Value Based Pricing

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Accounting Tools

APRIL 17, 2024

The cost of growing crops should be reported at the lower of cost or market. Another way to value raised crops is to do so at their selling price, less any estimated costs of disposal. At the end of the reporting period , the amount of raised crops is determined and valued based on the net realizable value at the end of the period.

Accounting 40

Accounting Accounting 40

Accounting Tools

OCTOBER 25, 2023

Related Courses Accounting for Hedge Funds Corporate Cash Management Treasurer's Guidebook A hedge fund pools the money of contributing investors and tries to achieve above-market returns through a wide variety of investment strategies.

Accounting 75

Accounting Accounting 75

oAppsNet

APRIL 30, 2024

This article explores how automation technology can revolutionize sales order entry systems, offering businesses significant financial benefits and long-term savings. Moreover, automation allows businesses to implement dynamic pricing strategies and promotions based on real-time sales data and market demand signals.

Data Entry 52

Data Entry Auditing Accounting Accounting 52

Accounting Tools

AUGUST 28, 2023

Related Courses Business Combinations and Consolidations CPA Firm Mergers and Acquisitions Divestitures and Spin-Offs Mergers & Acquisitions How to Value an Acquisition Target Acquisition valuation involves the use of multiple analyses to determine a range of possible prices to pay for an acquisition candidate.

CPA 75

CPA Collections Accounting Accounting 75

Accounting Tools

JUNE 21, 2023

Related Courses Accounting for Investments Corporate Finance GAAP Guidebook The issue price of a bond is based on the relationship between the interest rate that the bond pays and the market interest rate being paid on the same date. The basic steps required to determine the issue price are noted below.

Corporate Finance 75

Corporate Finance Accounting Accounting 75

Accounting Tools

JULY 28, 2023

Historically, par value used to be the price at which a company initially sold its shares. There is a theoretical liability by a company to its shareholders if the market price of its stock falls below the par value for the difference between the market price of the stock and the par value.

Corporate Finance 76

Corporate Finance Accounting Accounting 76

Accounting Tools

AUGUST 7, 2023

This cost represents the amount the market expects as compensation in exchange for owning the stock of the business, with all the associated ownership risks. One way to derive the cost of equity is the dividend capitalization model, which bases the cost of equity primarily on the dividends issued by a company. government security.

Financial Analysis 75

Financial Analysis Budgeting 75

Accounting Tools

MARCH 25, 2024

What is Break Even Pricing? Break even pricing is the practice of setting a price point at which a business will earn zero profits on a sale. The intention is to use low prices as a tool to gain market share and drive competitors from the marketplace. will be the price at which ABC breaks even.

Customer Service 40

Customer Service 40

Accounting Tools

MARCH 25, 2024

What is Price Leadership? Price leadership is a situation in which one company, usually the dominant one in its industry, sets prices which are closely followed by its competitors. Consequently, price leadership is most likely to occur in industries where there is minimal product differentiation. Trend knowledge.

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Accounting Tools

APRIL 14, 2024

What is the Purchase Price Variance? The purchase price variance is used to discover changes in the prices of goods and services. It can be used to spot instances in which the purchases being made differ in price from your planning levels. These fees can substantially increase the price of a product.

Budgeting 40

Budgeting Collections Cost Accounting Accounting 40

Counto

FEBRUARY 5, 2024

In cases where goods were supplied and delivered before the GST rate change and are returned 2 to 3 years later, the GST adjustments should be made based on the rate originally charged and accounted for. What Should I Do with Marketing Materials Showing 8% GST Prices on 1st January 2024? Should I Voluntarily Register for GST?

Invoicing 98

Invoicing Tax Payroll Collections 98

Accounting Tools

OCTOBER 20, 2023

A creeping tender offer is conducted through the purchase of shares on the open market, rather than through a formal tender offer. However, it may still be possible to apply pressure on the target company to force the repurchase of the shares at a sufficiently high price to avoid a loss, or even generate a profit.

CPA 75

CPA 75

Accounting Tools

FEBRUARY 23, 2024

The acquirer then uses this information to develop an initial offer price, as well as a permissible range of increased prices that reasonably encompass the calculated value of the intellectual property. Related Articles Examples of Intangible Assets Intangible Assets Accounting Intangible Assets Amortization

Financial Analysis 40

Financial Analysis Accounting Accounting 40

Counto

APRIL 4, 2024

Supporting Small Businesses: Counto’s Free Multi-Currency Reporting in Every Accounting Plan In today’s interconnected business landscape, expanding beyond local markets is a strategic move for many SMEs. We prioritise customer satisfaction by delivering value-driven solutions that empower businesses to thrive in global markets.

Financial Reporting 40

Financial Reporting Data Entry Accounting Accounting 40

Accounting Tools

SEPTEMBER 21, 2023

Related Courses Business Strategy Essentials of Marketing What is Market Share? Market share is an organization's percentage of the total sales in an industry. Market share can be based on either unit volume or sales volume. Related Articles How to Calculate Market Share Market Share Variance

Customer Service 40

Customer Service 40

Accounting Tools

JANUARY 18, 2024

What is Fair Market Value? Fair market value is the price that two parties are willing to pay for an asset or liability , if both parties are well-informed about the item in question, neither one is under pressure to buy or sell, and there is no time pressure to complete the deal.

Tax 40

Tax Accounting Accounting 40

Accounting Tools

JANUARY 14, 2024

What is Gross Price? Gross price is the amount charged for goods or services prior to the application of any discounts. In accounting, the gross price is used to compile the gross sales figure. The deductions that can be applied to a gross price include a volume discount , cash payment discount, and early payment discount.

Accounting 40

Accounting Accounting 40

Accounting Tools

NOVEMBER 22, 2023

What is Value Based Pricing? Value based pricing is the practice of setting the price of a product or service at its perceived value to the customer. This approach tends to result in very high prices and correspondingly high profits for those companies that can persuade their customers to agree to it.

Accounting 40

Accounting Accounting 40

Counto

FEBRUARY 1, 2024

Pricing Strategy: Develop a competitive pricing strategy by considering product cost, shipping fees, and desired return on investment. Research competitor pricing to ensure your prices are attractive. While it’s free to start selling on Shopee, there are commission and other charges based on your sales.

Customer Service 52

Customer Service Accounting Accounting Tax 52

Accounting Tools

JUNE 20, 2023

Related Courses Managerial Economics Revenue Management Revenue Recognition What is the Price Elasticity of Demand Formula? Price elasticity is the degree to which changes in price impact the unit sales of a product or service. The level of this elasticity controls the degree to which a business can alter its prices.

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LedgerDocs

SEPTEMBER 25, 2023

In the world of bookkeeping there are many ways to store and manage financial documents: In this article, let’s thoroughly examine 2 popular ones: LedgerDocs and Dext. Dext: On the other hand, Dext, with its large workforce and longer presence in the market globally, has had the opportunity to develop a comprehensive suite of features.

Data Entry 105

Data Entry Bookkeeping Financial Records Invoicing 105

Accounting Tools

DECEMBER 10, 2023

What is Market Capitalization? Market capitalization is the total value of a firm’s outstanding shares , based on their current market price. The market capitalization concept is used to obtain a rough estimate of the value assigned to a business by the investment community.

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Counto

MARCH 27, 2024

Analyse best-selling items on Amazon, consider pricing, reviews, seasonality, and your target audience’s preferences. Identifying niche products can help you stand out and attract a specific customer base. Choosing the right selling plan based on your monthly sales volume can also impact your overall expenses.

Customer Service 52

Customer Service Budgeting Tax Accounting 52

Accounting Tools

APRIL 25, 2024

The concept is used to establish the minimum amount that a business should be worth, which can be considered the lowest price at which the sum total of its stock should trade. Its most common application is by investors on a per share basis when evaluating the price at which a publicly-held company's stock sells.

Computation 40

Computation Financial Statements Accounting Accounting 40

Accounting Tools

OCTOBER 7, 2023

Related Courses Essentials of Marketing What is the Service Marketing Mix? The service marketing mix is comprised of seven activities that are used to optimize the marketing for a service. Pricing A number of pricing strategies can be used to assign a price to a service, such as cost-based or market-based pricing.

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Accounting Tools

NOVEMBER 3, 2023

Accounting for Livestock When animals are available and held for sale, the farm accountant can value the livestock at their selling price, less any estimated costs of disposal. The livestock has a market value , which is assigned to the inventory and also recorded as a change in revenue in the income statement.

Accounting 40

Accounting Accounting 40

Accounting Tools

JULY 19, 2023

Value billing is a charge to a customer based on the value received, rather than the cost of the services provided. In areas where there is a competitive market for services, it is not possible for a supplier to enforce value billing, since similar services can be provided by competitors that are cost-based, and therefore much lower.

Billing 40

Billing 40

Accounting Tools

MAY 15, 2023

Related Courses Business Ratios Guidebook The Interpretation of Financial Statements What is Market Value Added? The market value added concept derives the difference between the market value of a business and the cost of the capital invested in it. price) + (400,000 Preferred shares x $11.00

Financial Statements 40

Financial Statements 40

Accounting Tools

JUNE 10, 2023

Related Courses Revenue Management Revenue Recognition What is Dual Pricing? Dual pricing is a situation in which the same product or service is sold at different prices in different markets. It is usually encountered when selling into international markets. Demand Alters Prices Prices may be demand-based.

Tax 40

Tax 40

Accounting Tools

OCTOBER 24, 2023

If there is no inducement offer, and instead the conversion of a debt instrument into a company’s equity is based on the original conversion privileges stated in the debt instrument, do not recognize a gain or loss on the transaction. The bond is convertible into Armadillo stock at a conversion price of $20.

Accounting 40

Accounting Accounting 40

Accounting Tools

JULY 8, 2023

Related Courses Revenue Management Revenue Recognition The difference between margin and markup is that margin is sales minus the cost of goods sold , while markup is the the amount by which the cost of a product is increased in order to derive the selling price. If we multiply the $7 cost by 1.714, we arrive at a price of $12.

Auditing 76

Auditing 76