What's Your Number? An Accounting Blog

• Job Order Costing Vs. Process Costing — How To Control Your Company's Costs

  7 May 2020

  Controlling and reducing costs is one key goal of all accounting. One of the most important ways a business can achieve this goal is through cost accounting. Cost accounting is an area that focuses on determining how much it costs your company to create its products or services and how you can reduce that expense.  Do you think that cost accounting might benefit your business? To learn more about this vital component, here is a brief rundown of the two types of cost accounting and what to expect from each.

• Why You Should Take Online Training When Using Accounting Software

  2 March 2020

  There are a few very popular small business accounting software programs out there. There are also quite a few online training options, like quickbooks online training, that will allow you to learn how to use these programs. Here are a few signs that you should think about signing up for an online training program so you can better use your accounting software. You Don't Think You're Making the Most of Your Software Program

• 4 Accounting Issues All Artists Should Understand

  10 February 2020

  Working as an artist can present a host of issues that aren't common to other trades. If you're worried about your bookkeeping needs, consider these four issues that apply to accounting for artists. Segregate Personal and Business Finances When you are just starting to your art into a business, there can be a moment where it's challenging to keep personal and business money separate. Even if you've taken too long to learn how to properly segregate your finances, doing it late is still better than not doing it at all.

• 5 Reasons To Do Estate Planning

  27 January 2020

  After you die, there is a process in place to decide how your affairs are handled and how your assets are given away to others. If you want to have a say in your future affairs, it's a good idea to take the time to meet with an estate planning attorney. They can guide you through the process and they explain the different legal documents and tools that you can use to reach your goals.

• Scenarios Where It's A Good Idea To Hire A Financial Consultant

  27 January 2020

  Most people see an accountant once a year when it's tax season. But there are certain times in life when it might be beneficial to have someone take a more in-depth look at your entire financial situation. That's where a firm or accountant that offers financial consulting services could come into play. Here are some of the different scenarios in which it might be a good idea to have someone double-check your own work or provide you with advice that you might be missing.