Month: August 2020
ADP Mobile Solutions Apps on Google Play
If you already have a User ID and password for any of the following ADP products, you can activate your ADP Mobile Solutions account by logging in using the same info. The platform can either integrate with your HR or ERP solution, or can be purchased as a stand-alone offering. With each package, you’ll get…
Read MoreProduct costs and period costs definition, explanation and examples
Period costs are, therefore, recorded as an expense in the accounting period in which they occurred. Product costs are frequently considered inventory and are known as “inventoriable costs” standard terminology you should know for grant writing since they are used to calculate the inventory’s value. The product costs are included in the costs of goods…
Read MoreADP Mobile Solutions on the App Store
Been with them 6 months and can’t wait to change. Save yourself the hassle and use Paychex. Dashboards and automated reporting helps you monitor and track how much you’re spending on freelance and contracted services, workforce performance, and 1099 forms. Freelancers and contract workers often span many different localities. The platform helps you ensure you’re…
Read MoreThe difference between product costs and period costs
Understanding period costs helps assess the day-to-day financial health of a business. And while product costs focus on the creation of goods or services, period costs represent the broader expenses necessary to sustain the business’s overall operations and facilitate growth. Unlike product costs, period costs don’t depend on the production volume. They occur consistently over…
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