Bookkeeping

What is Days Sales in Inventory? With formula & Calculation

When it comes to measuring how efficiently your inventory is moving, the formula for DSI is both straightforward and powerful. A balanced relationship between the two metrics, where inventory turns over steadily while DSI stays within an optimal range. Falling too far outside that range often means you’re either tying up too much cash in Read Post

Whats the Difference Between Payroll and Bookkeeping?

Bookkeepers must have excellent attention to detail when handling thousands of financial transactions. Another ongoing part of bookkeeping is reviewing financial records for accuracy. This means checking for errors and making sure details match supporting documents, like receipts. If you’re looking for expert bookkeeping services, SK Financial CPA provides comprehensive bookkeeping solutions to help businesses Read Post