Financial burdens can cause stress for individuals and businesses alike, as it often requires long-term planning and budgeting strategies to achieve positive results. A bank’s journal is a book that records all transactions that occurred through the company’s bank accounts. Specifically, ASC 450 governs accounting for losses from legal proceedings and insurance claims. It defines […]

Podraza CPA is a tax and business consulting company located in Scottsdale, Arizona that provides innovative solutions that help clients improve their financial situation. Podraza CPA is a trusted CPA firm that has been in the business for over 30 years. Deer Valley Bookkeeping Services, LLC, is a family-owned practice serving customers throughout the Phoenix […]

Our accountants, fractional CFOs, and tax specialists are dedicated to building a strong finance foundation for your business. For the most part, a simple online presence is relatively easy to start with minimal startup costs. While an online presence won’t guarantee increased exposure, not having one can negatively impact you and discredit you to a […]

Since then, its offerings have expanded into business as well, with features like business document storage, asset management and custom reports for tax schedules. After importing a batch of transactions from credit cards and bank accounts, most people spend some time cleaning up the data. Transactions need to have the correct category for their type […]

This can occur for various reasons, such as increased complexity of operations, higher raw material costs for additional units or limited production capacity. Marginal cost’s relationship with the production level is intriguing and has significant implications for businesses. As mentioned, the marginal cost might decrease with increased production, thanks to economies of scale. On the […]