Our article on business bookkeeping basics gives you more information on how to do bookkeeping and why. Typically, you’d only get detailed financial statements like this through a CFO — which means Merritt gives you some of the best aspects of having a CFO without the high cost. At some …

The other levels of activity that are accounted for by activity-based costing are unit-level activities, customer-level activities, production-level activities, and organization-sustaining activities. Activity Based Costing (« ABC ») is an approach to solve the problems of traditional cost management systems which are often unable to determine accurately the actual costs of production …