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Bookkeeping

What Are Variable Expenses, and How Do They Affect Your Budget?

The following list contains common examples of variable expenses incurred by companies. Officially, a variable expense is a cost that changes month to month or occurs irregularly. Another example of a variable expense is a retailer’s cost of goods sold. For instance, if a company purchases a product for $30 and is able to sell …

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Nonprofit Accounting Explained: How-Tos & Best Practices

“We have been helping nonprofits grow their impact through improved financial results which in turn goes to grow and support mission. Our goal is to help the nonprofit community thrive and better support their constituents. As such we align perfectly with the objectives of Nonprofit Westchester”. Without access to accurate financial reports and expert financial …

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Reasons why the bank balance differs from the book balance

You can earn our Bank Reconciliation Certificate of Achievement when you join PRO Plus. To help you master this topic and earn your certificate, you will also receive lifetime access to our premium bank reconciliation materials. These include our visual tutorial, flashcards, cheat sheet, quick tests, quick test with coaching, and more. The QuickBooks balance …

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