The cash discount on the other hand is between the seller or retailer and the buyer. Discounts are great marketing tools in the retail world because they increase sales and attract new customers. A discount can also put a store above others for customers to choose because of the discount offered. However, rebates can also … Continue reading Rebates vs Discounts: Whats the Difference? Wiser Retail Strategies →

In the realm of manufacturing, strategic decision-making is a critical component that can significantly influence the success or failure of an enterprise. The cost of production data serves as a cornerstone for such decisions, providing a factual basis upon which strategies can be developed, assessed, and refined. This data encompasses a wide array of variables, … Continue reading Google Pixel 9 Pro costs around Rs 34,000 to manufacture, says a report →

Liquidity risk is higher for bearer bonds than registered bonds, as they are less frequently traded and may be more difficult to sell at a favorable price. Governments and international organizations have taken steps to combat the illicit use of bearer bonds by implementing stricter regulations, anti-money laundering measures, and tax reporting requirements. High-yield bonds, … Continue reading What Is a Bearer Bond? Benefits, Risks, and Redemption Guide →

LIFO assumes the most recently purchased goods are sold first, which typically results in a higher cost of goods sold. This increases the expenses that a business can claim, reducing its overall taxable income. LIFO is banned under the International Financial Reporting Standards that are used by most of the world because it minimizes taxable … Continue reading Last-In First-Out LIFO Method →

Having to click around to find key features added to the product’s learning curve. However, once I became more familiar with the software’s layout, completing tasks required no learning curve, even when setting up advanced actions such as automations. For example, to add a new project, I clicked “time tracking” on the left-hand menu, then … Continue reading 10 Best Accounting Software for 2024 Reviews, Pricing →