Federal Insurance Contributions Act FICA: What It Is, Who Pays

Content Do I Have To Pay FICA? Certain payments by Native Americans, Native Americans tribal governments, and Native Americans entities Definition of FICA How To Calculate FICA Tax The more tax deductions and credits you claim, the less money your employer will withhold from your paycheck. So, it’s important to make sure you accurately fill […]

Virtual Assistant for Accounting and Bookkeeping O2I

Content Browse Our Top Accountants Virtual Assistants Cloud accounting softwares make all the difference Sample Interview Questions Hire a Bookkeeping Assistant and Give your Business a Boost- Wishup What is an Assistant Accountant? You can keep a bookkeeper’s skill while you focus on important managerial work. Mentor and direct Business Operations group in accounting functions. […]

Net Sales Overview & Formula How To Calculate Net Sales Video & Lesson Transcript

Content Calculate net sales for your store How to Calculate Monthly Sales Tax for a Restaurant Relevance and Uses of Net Sales Formula What is return on sales? Join 41,000+ Fellow Sales Professionals Make more relevant product recommendations, turn abandoned store sales into online sales, and track both store and staff performance from one easy-to-understand […]

How to Calculate the Cost of Goods Manufactured

Content Direct materials Why is COGM Important for Companies? Cost of Goods Manufactured (COGM) Special Identification Method Managerial Accounting For example, in a guitar company, direct materials would likely include both wood and guitar strings used in the finished product . Track your products’ manufacturing costs based on the cost of raw materials and production […]