Month: August 2022

What is PPV Purchase Price Variance Explained

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Buying in bulk over a long-term contract can reduce the cost per unit and protect against price volatility due to inflation or the possibility of material price hikes. Negotiating other contract terms like delivery speed or contract length might lead to a lower PPV, but it could optimize overall cost effectiveness since price is not Read more about What is PPV Purchase Price Variance Explained[…]

Create a new company file from the existing company file?

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Create a new bank account and name it as Old Payroll.2. Issue the payroll checks for the employees and for paying the liability from that account.3. Enter a deposit to Old Payroll using Open Balance Equity.4. Understanding the layout and options available empowers you to make the most out of QuickBooks Desktop. If You use Read more about Create a new company file from the existing company file?[…]