Categoría: Bookkeeping

So, if your company manufactures wood desks, your cost of goods sold would include the cost of the wood to manufacture the desks, and the direct labor costs to build the desks such as line operator wages. Indirect costs vary widely, so always use your business’s internal data to determine the best inventory management decision.Read more ⟶

With the help of Wolfe and Company, PC, you will be able to achieve careful management of your finances. Our tax, accounting, payroll and consulting services benefit individuals, small businesses and others with special financial needs. We stay up-to-date on current trends and new tax laws to give you the best services. Rely on ourRead more ⟶

I was excited until I realized my primary job was to reconcile five bank accounts, none of which had been reconciled for over a year. In the event that something doesn’t match, you should follow a couple of different steps. First, there are some obvious reasons why there might be discrepancies in your account. IfRead more ⟶

They ensure compliance with all tax laws and regulations, preventing potential issues with the IRS. Your CPA will prepare regular financial statements, including profit and loss statements, balance sheets, and cash flow statements. These reports provide a clear picture of your company’s financial health, showing your earnings, expenses, and net income. Understanding these statements helpsRead more ⟶