How Do You Account for the Warranty Cost? by Ruth King
Whatever the cost is, debit warranty cost in cost of goods sold and credit warranty reserve on your balance sheet. Then put the dollar value of … Read more
Whatever the cost is, debit warranty cost in cost of goods sold and credit warranty reserve on your balance sheet. Then put the dollar value of … Read more
Air changes per hour (ACH/ACPH) simply describes how many times the quantity of air in a room (or structure) is completely replaced per hour. If … Read more
“Our warranty costs are eating our lunch!” “What’s going on?” “There’s a recall from the manufacturer and we have to install a new part. The manufacturer … Read more
If you don’t use a scale every time you add or remove refrigerant, I suggest you begin doing so immediately, if not sooner. Weighing in … Read more
If you pay an employee for 2,080 hours a year (not including overtime) then you have to account for the number of hours that are … Read more
Visitors and visits to ACprosite.com have more than doubled since the end of July! Thank you to the return visitors and thank you for sharing … Read more
What do I mean? Labor, like a hotel room, is perishable. If a hotel owner does not sell a room today, he has lost because the … Read more
Here they are: You won’t run out of cash without knowing you are running out of cash. You track your current ratio trends (current assets … Read more
A few weeks ago, I spent several days redoing a duct system and replacing a furnace for a friend. I had static pressure readings from … Read more
“The very substance of our existing which has made us leaders in technique, stands as a barrier to any thinking which might be able to … Read more