Showing posts with label expenses. Show all posts
Showing posts with label expenses. Show all posts

Wednesday, 17 February 2016

How to Do a Trading StatementIn Feburary 2016 17,

In Feburary 2016 17,
Include the title 'Trading Statement' at the top of the form. Underneath the title, the statement should include the time period that is being covered with the words, 'For the year ended 20XX.'
Gather the information needed for preparing this document. This includes all information regarding trades made using the trading account. Income amounts are needed, as well as all expenses from this period.
Calculate the gross profit. The total amount of money received is recorded first on the trading statement. Gross profit is found by adding up all money received. This amount is then reduced by deducting the cost of goods sold. To find this amount, you must start with the opening stock value at the beginning of the period. All purchases are added to that, and the closing value of the stock is deducted. This amount represents the cost of purchasing the stocks. These amounts are all written in the trading statement.
List all expenses incurred. Expenses include all items that money was spent on during this period. The expenses must be incurred in regard to the purchasing and selling of stocks in this trading account. After each expense is listed individually, the expenses are totaled and listed as 'total expenses.'
Subtract the expenses from the gross profit. This answer represents the net profit or net loss by the purchases and sales of stocks in the trading account for the period referenced. This is the bottom line on the trading statement.
In Feburary 2016 17,

Monday, 1 February 2016

How to Change Web Hosting Service ProvidersIn Feburary 2016 01,

In Feburary 2016 01,
Do your homework when deciding which host to move your website to. Moving your site to a new host is a lot of work so you don't want to have to do it too often. Choose a new web host that offers room for expansion if your business grows.
Give yourself plenty of time to make the change over to the new host. Even though it means one month of double expenses, it is a good idea to start services with your new host one month before discontinuing services with your old host. This will give you 30 days to work out any problems at the new site.
Pack up your business at your current hosting site by making copies of all of your web pages and files on CD. Arrange to have services you were using and don't need any more to be disconnected at the end of the month.
Notify your domain name registrar of your move. This is the company that you registered your ecommerce site name with. They need to know the domain name and IP address for both your old web host and your new one.
Set up your site at your new web host by uploading all of the pages and files you packed onto CD. Start any new services that you need in your new home.
Notify your customers of your new email address if it changed when you moved to the new hosting site. Set up mail forwarding with your new web host to ensure that any mail sent to your old email address will be forwarded.
In Feburary 2016 01,