To e-file your Oregon and Federal income tax returns, you need a piece of tax software that is certified for eFile by the IRS. While most in-depth tax software charges a fee, there are several free options available through the states, and simple versions are also offered free of charge by most tax software companies. […]Continue reading
Bookkeeping
6 Best Farm Accounting Software Options for 2024
These type of reports are available in a poultry farm management software. Depending on the type of crop being farmed, most crops can be farmed via modern management techniques, mechanical harvesting, genetic modification methods, or hydroponics. A crop farm management software is designed to help see this farm process out from seed to harvest to […]Continue reading
5 Top-Rated Accounting Software For Small Businesses
As new technologies come about to help them harvest more crops or improve the lifespan of various livestock, farmers will always do what it takes to stay productive while also staying on top of the latest trends. Software companies quickly realized that accounting for a farm is much different than accounting for a construction company […]Continue reading
Relevant Cost Of Decisions
It considers taking special orders if the costs involved will generate income in the long run. A special order occurs when a customer places an order near the end of the month, and prior sales have already covered the fixed cost income tax calculator of production for the month. As supervisor’s salary is a fixed […]Continue reading
In accounting, what is meant by relevant costs?
These costs are relevant since these expenses change in the future due to the buying decision. The cost effects relate to both changes in variable costs and changes in total fixed costs. A particular cost may be relevant for one situation but irrelevant for another. The opposite of relevant costs is sunk cost or irrelevant […]Continue reading
Relevant Cost Of Decisions
Thus, these costs increase as the production increases or drops with low production. Maintenance cost for machinery is $3,000, $2,000 for material, $2,500 for labor, and $1,500 for miscellaneous costs. Billy’s might continue with cheese production if the expenses are lower, like $ 7,500. A company that deals with making finished goods requires specific parts. […]Continue reading
Relevant Cost Definition, Types, Examples, Decision Making
By the same argument, book values are not relevant as these are simply the result of historical costs (or historical revaluation) and depreciation. ‘Relevant costs’ can be defined as any cost relevant to a decision. A matter is relevant if there is a change in cash flow that is caused by the decision. Future Cash […]Continue reading
Mastering Not-For-Profit Bookkeeping: Expert Guide for Nonprofits
Unfortunately, there aren’t many free nonprofit-specific accounting software options. (Nonprofit Treasurer, our favorite free option, recently closed its doors.) If you’re looking for fully featured free accounting software, though, your best bet is Wave Accounting. It offers accounting and bookkeeping features comparable to QuickBooks Online and Xero but for exactly no dollars. Unfortunately, NetSuite’s site […]Continue reading