Through careful analysis and reporting, accounting turns raw financial data into actionable intelligence, guiding everything from day-to-day operations to long-term strategic planning. The idea behind grasping accounting principles is to become better equipped at budgeting wisely, forecasting future financial needs, and maintaining the overall health of your business. To make the topic of Accounting Principles […]
Category Archives: Bookkeeping
Below is a step-by-step guide to two common FTE calculation methods, along with an example calculation to illustrate the process. Running an organization can be like conducting a well-coordinated symphony, especially when it comes to maintaining a 12-hour working schedule,… If you have at least 50 FTEs employees, you are an ALE for the year, […]