What is a resale certificate and who can use one?

The rule of thumb is that if you used the items and then sold them for less than you bought them for, then you owe no taxes on the sale. However, if you sold an antique or collectible that had appreciated since you first acquired it, you likely would be on the hook for taxes […]

How To Calculate Purchase Price Variance PPV

While cost savings are important, successful negotiations consider other factors like delivery speed and contract terms that may affect overall cost efficiency. The bad news for the procurement team is that no matter the reason, it’s seen as a failure on the organization’s part. Real-time purchase price variance KPI reporting can help to prevent these unfavorable outcomes. […]

Prepaid Expenses Meaning Example Entry Quiz & More .

These expenses relieve the future obligation of payment, providing businesses with financial stability and peace of mind. Consider ABC Corporation, which leased a new office space in New York City in 2023. As per the lease terms, the company is required to pay the full year’s rent in advance, on the starting day, amounting to […]

What Are the Big 4 Accounting Firms? Definition and Critique

Oftentimes, people say they are going to the top accounting consulting firms without knowing what they are talking about. Our 2023 big 4 ranking page will help you tell your friends and family why you are going to the best big 4 possible. No matter which big 4 you choose to go to, they likely […]

The 4-Minute Guide to How Biweekly Pay Works

This can affect the final cost of the service depending on the payroll cycle that you choose. This can be a great perk for those that like getting paid often as opposed to waiting a whole month before receiving their next paycheck. The more frequently you receive your paycheck, the more frequently you can get […]

What Is Bookkeeping? Duties, Pay, and How to Become One

Another difficult aspect of being an accountant is understanding tax law. While having a bachelor’s degree in accounting is great for your resume, you’ll still find the competition for certain jobs pretty stiff. Many entry-level jobs in accounting involve bookkeeping, for example. This works out to be approximately $26 an hour, over $1,000 a week, […]

How to Deposit a Check Online

We fact-check every single statistic, quote and fact using trusted primary resources to make sure the information we provide is correct. You can learn more about GOBankingRates’ processes and standards in our editorial policy. The following banks and credit unions support cash deposits via ATMs without requiring deposit slips. However, some of these banks only […]

Determining a Firm’s Percentage of Credit Sales

As a result, the institution is taking a more adaptive view of where to place its AI bets and how much to invest. The second factor is that scaling gen AI complicates an operating dynamic that had been nearly resolved for most financial institutions. While analytics at banks have been relatively focused, and often governed […]