Content What are Variable Costs? How to Calculate Fixed Cost Double-entry Accounting Variable Costs Simply Explained Difference Between Fixed Cost and Variable Cost Fixed vs. Variable Cost: What’s the Difference? Knowing the difference between these two types of costs is critical for any business owner or manager, because it affects everything from pricing to break-even … Continued

Content When to seek other methods: Small businesses Decide on your business accounting method. The benefits of tracking business expenses Free receipt templates The business will need its federal employment identification number to open a business bank account. The IRS says to be deductible, business expenses must be both ordinary and necessary. An ordinary expense … Continued