BooksTime  ➞  Charles Lutwidge

Charles Lutwidge

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Charles Lutwidge is a writer with a passion for helping small businesses succeed. Having worked at multiple startups, Charles understands the unique challenges that entrepreneurs face. He writes about a wide range of topics, from management to bookkeeping to technology — all with a focus on helping business owners overcome key obstacles to growth.

Email: charles@bookstime.com
Phone: 8889026657

October 19, 2021

Charles Lutwidge
Variance Analysis

Variance Analysis

Budgeted costs Among other questions, an investor would ask about the project costs. The management would need to not only get numbers that are close to what the business will spend but also adhere to these projected numbers to the...

Reading Time 4 mins
0 / 5 (0 voted)
Never Worry About Your Bookkeeping Again
Never Worry About Your Bookkeeping Again

Delegate your financial records to a highly qualified bookkeeper and forget about bookkeeping stress forever.

October 18, 2021

Charles Lutwidge
Marginal Cost Formula

Marginal Cost Formula

Overview When we talk about the production of any product, we always say that the interaction of different elements and processes allows the raw material to become the final product, which is destined to get into the hands of the...

Reading Time 6 mins
0 / 5 (0 voted)

October 17, 2021

Charles Lutwidge
Annual Income: Meaning and Calculation

Annual Income: Meaning and Calculation

Overview There are numerous reasons an individual would need to know their total annual income. This can be an application for a loan, tax payments, as well as child support. What is meant by total annual income? Let’s look at...

Reading Time 4 mins
0 / 5 (0 voted)

October 15, 2021

Charles Lutwidge
Accounts Receivable Factoring

Accounts Receivable Factoring

Your manufacturing company has received a large contract, shipped a large batch of goods with a deferred payment. The second major client made an order immediately after this transaction and your company definitely does not want to lose this client....

Reading Time 5 mins
0 / 5 (0 voted)

October 13, 2021

Charles Lutwidge
Capital Lease vs Operating Lease

Capital Lease vs Operating Lease

Leases The most common types of leases you will come across as a business owner or an accountant are operating lease and capital lease. Before we do capital lease vs operating lease comparison, let’s first consider what makes businesses go...

Reading Time 4 mins
0 / 5 (0 voted)

October 08, 2021

Charles Lutwidge
Encumbrance Accounting: Explanation and Example

Encumbrance Accounting: Explanation and Example

Budgeting and Planning A budget is an itemized plan that includes the income and expenses of a company for a certain period. Most often it is drawn up for a year, but the company itself can increase or decrease the...

Reading Time 4 mins
0 / 5 (0 voted)

October 06, 2021

Charles Lutwidge
Basics of Nonprofit Accounting

Basics of Nonprofit Accounting

Nonprofit organization An organization is considered nonprofit if two conditions are met: its purpose is not to make a profit. As a rule, it sets before itself socially useful tasks: social, charitable, cultural, educational, scientific, and many others; the received...

Reading Time 4 mins
0 / 5 (0 voted)

October 05, 2021

Charles Lutwidge
Fund Accounting Explained in Simple Terms

Fund Accounting Explained in Simple Terms

Accounting in non-profit Accounting information is used by users for decision-making and control. The company’s management, having analyzed the accounting information for the year, will make decisions regarding the further activities of the non-profit organization. After studying the accounting information,...

Reading Time 4 mins
3.8 / 5 (6 voted)
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