What is Gross Profit and Gross Profit Margin?
Gross profit margin is also known as gross margin. It is a financial metric
which indicates how efficient a company…
9 min read
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Latest posts
Inventory Control - A Practical Guide
Inventory happens to be the one of the most critical components for any
business. Keeping a close tab on the…
7 min read
India Payroll And Statutory Compliance - A Complete Guide
Running payroll in India can be overwhelming. There are so many components, like
CTC, Basic, HRA, TA, DA, EPF, Income…
35 min read
Building a Business Continuity Plan (BCP)
Whether you are a business owner or work for a large enterprise, business
continuity planning will help you respond faster…
11 min read
Day Sales in Inventory - What it is and How to Calculate it
When you are selling goods in large quantities, you are utilizing the inventory
and not wasting it. However, low sales…
13 min read
Management Accounting - A Complete Guide
Management accounting is to accounting what a Michelin star dinner is to street
food. It is like taking all the…
14 min read
What Is FIFO in Inventory? Definition and Examples
The way inventory is valued depends on how the stock is tracked over time by the
company. Valuation is a…
6 min read
All You Need to Know About JIT (Just-in-Time) Inventory
A recent study suggests that the worldwide cost of inventory distortion,
including shrinkage, stockouts, and overstock, is an estimated $1.…
6 min read
What Is a Business Proposal and How to Create One?
A well-written business proposal can often mean the difference between making or
breaking a deal [https://www.deskera.com/blog/…
13 min read
What is SKU & How to Generate SKU Numbers?
Organization and orderliness are the keys to running a successful business.
However, should it be limited to your workforce? Not…
24 min read
What is CPA? What do CPAs do?
CPA stands for Certified Public Accountant. It is a designation provided by the
American Institute of Certified Public Accountants (AICPA)…
4 min read
What is Inventory Turnover Ratio?
The success of any business is marked by how efficiently and effectively the
company resources are utilized. So, monitoring your…
6 min read
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