by pay@crispino.us | Mar 25, 2026 | Chart of Accounts, Expenses, Terminologies
Hourly labor costs separate from salaried staff. Found in manufacturing, retail, or hospitality. Often more variable than salaries.
by pay@crispino.us | Mar 24, 2026 | Chart of Accounts, Expenses, Terminologies
Covers non-salary compensation such as healthcare, retirement contributions, and allowances. Enhances employee satisfaction. Often a major labor-related expense.
by pay@crispino.us | Mar 9, 2026 | Chart of Accounts, Expenses, Terminologies
Shipping costs incurred to bring purchased goods into the business. Included in inventory cost until sold. Helps establish accurate cost of goods.
by pay@crispino.us | Mar 4, 2026 | Chart of Accounts, Expenses, Terminologies
A catch-all category for minor expenses that don’t fit elsewhere. Should be monitored to avoid misuse. Best practice is to keep this account minimal.
by pay@crispino.us | Feb 13, 2026 | Chart of Accounts, Expenses, Terminologies
Covers software subscriptions, licenses, and IT support services. Increasingly significant due to digital transformation. Treated as recurring operating costs.
by pay@crispino.us | Feb 8, 2026 | Chart of Accounts, Expenses, Terminologies
Costs of transporting goods to customers or between facilities. Essential in supply chain-heavy industries. May be charged to customers or absorbed by the company.
