These items are also referred to as property, plant, and equipment, or PP&E. Many organizations would not exist or generate revenue without their property, plant, and equipment. LeaseQuery ranked #1 for lease accounting on the G2 Winter Report. Fixed assets are important to capital-intensive industries, such as manufacturing, which require large investments in PP&E. Its […]

The most common examples of contingent liabilities are given below – This proactive stance not only safeguards the company’s financial position but also bolsters its reputation for responsible management among investors and the public at large. Legal experts, on the other hand, focus on the implications of contingent liabilities from a compliance and regulatory standpoint. […]

But Puzzle.io has genuinely impressed me, striking an effective balance between simplicity and power. It feels like the future of bookkeeping – streamlined, intuitive, and remarkably intelligent. I discovered Puzzle.io relatively recently, and to be honest, I didn’t expect much. It felt like it genuinely understood the pain points my clients face, and more importantly, […]

The blue dot represents the total sales volume of 3,500 units or $70,000. In CVP graph presented above, red dot represents break even point at a sales volume of 1,250 units or $25,000. Note that in either scenario, the break-even point is the same in dollars and units, regardless of approach. For example, Marshall & […]