Categoria: Bookkeeping

COGS is an important metric on financial statements as it is subtracted from a company’s revenues to determine its gross profit. Gross profit is a profitability measure that evaluates how efficient a company is in managing its labor and supplies in the production process. Whether you choose to get a temporary or permanent account—or both—getting… Continuar lendo Cost of Goods Sold COGS Explained With Methods to Calculate It

When a new church is founded, there’s less need for a human resources department- you and your congregationalvolunteers are your HR department. There’s soon a realization that the HR tasks takes more time and effort than imagined. Most church leaders want to focus on growing their ministry, not spending endless hours on employment or payroll… Continuar lendo Payroll CDM+ Management Software for Nonprofit and Faith-Based Organizations