Bookkeeping

WIP Manufacturing: Calculation & Cost Reduction

Content Cost of goods manufactured What is included in work in progress inventory? How to Calculate Work In Process Inventory Work in Process (WIP) Inventory Managing WIP inventory with manufacturing software Looking for an integrated WMS? Schedule a demo of FulfillmentVu today Work in process (WIP) inventory formula Ending work in process formula Work in […]

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Bookkeeping

How much does payroll cost companies? Percentage by industry

Content Existing compliance and controls processes struggle to add organisational value Arms length management organisations (ALMOs) Access this content for free with a 7 day trial of LexisNexis and benefit from: Employee expenses Employers can only make a deduction in specific situations and they must follow your employment contract terms. Find out when employers can […]

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Bookkeeping

DOC Travel Agency Charts of Accounts Travel System

If you’re a travel agency, you know that managing finances can be an overwhelming task. But fear not, intrepid travel agency, because we’re here to help you navigate the choppy waters of accounting software. Thus it’s very essential to know the nitty-gritty of the financial position of the firm. What is the job description for […]

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