Billed App Blog
How to Cancel a Signed Quote: Valid Reasons and Legal Consequences
Wondering if it’s possible to cancel a quote your client has already signed? The answer is yes, but under certain
How to Calculate the Break-Even Point?
Did you know that the “break-even point” is an indicator of the soundness of a business and the financial condition
How to Calculate Production Costs: Definition, Types, and Examples
Every company needs data on production costs to determine the pricing of the products they sell. To understand the concept
How to Calculate Operating Income? A Complete Guide
Operating income is your company’s earnings before taxes and interest. Understanding your operating income is crucial for evaluating your business’s
How do tangible fixed assets work in accounting?
In your business, acquiring an office building, industrial machinery, or a transport vehicle requires recording the transaction in your company’s
Fixed costs and variable costs: definitions and examples
Fixed costs and variable costs: How to distinguish between them to ensure the proper management of your business? Cost Analysis
Fixed assets vs. current assets: what are the differences?
Current assets or fixed assets? These two concepts are often a bit vague. They’re used in corporate accounting and aren’t
Financial Reports Explained: What They Are, Why They Matter, and How to Use Them
Every company ideally creates and uses financial reports in the process of managing the company’s finances. Because, there are various
Expense Account in Business: A Beginner’s Guide
There are a variety of general expense account headings, and it is not uncommon for companies to create their own