Deskera Blog

MRP

Furniture Manufacturing Process: How Furniture is Made?

The global furniture production volume was estimated to be around 450 million units in 2020. (Source: Statista) Also, in 2020,…

24 min read Jun 20, 2025

Accounting

What Type of Account is Cost of Goods Sold

In simple terms, cost of goods sold (also called cost of sales), or COGS, is the cost of a product…

11 min read Jun 20, 2025

Accounting

How Much Is The Standard Deduction For 2021 And 2022?

The majority of taxpayers claim the standard deduction instead of itemized deduction. What? Why would someone choose standard deduction over…

10 min read Jun 20, 2025

Accounting

Classified Balance Sheet - Example, Definition, Template

Have you ever wondered how different it is to borrow money from your friends or family as against a bank?…

12 min read Jun 20, 2025

HR & Payroll

All You Need to Know About Hazard Pay Today

Logging workers, fishing workers, aircraft pilots, flight engineers, roofers, refuse and recyclable material collectors, healthcare professionals, truck drivers and the…

15 min read Jun 19, 2025

Inventory

What Is A Supplier?

Performing suppliers is the key to a well-run supply chain. Accordingly, a good approach to maintain these performing suppliers is…

13 min read Jun 19, 2025

HR & Payroll

What does Pay Stub, Paycheck stub, Salary slip, or Payslip mean?

A PayStub/Paycheque stub/ Payslip or Salary slip are different names for the same thing and can be most often…

8 min read Jun 19, 2025

MRP

The Role of Automation in Food Manufacturing Processes

Automation has revolutionized the food manufacturing industry by enabling faster and more efficient production processes. With the increasing demand for…

22 min read Jun 19, 2025

Accounting

What is MACRS Depreciation? Calculations and Example

IRS defines depreciation as a technique of income tax deduction that aids companies recover the asset costs. Depreciation is the…

10 min read Jun 19, 2025

HR & Payroll

What Is Retroactive Pay And How To Calculate It?

Did you ever pay your employees less than what they should have got for a month? If yes, you are…

10 min read Jun 18, 2025

MRP

Analyzing the Supply Chain of Chemical Manufacturing

Chemical manufacturing is a vast industry that involves the production of a wide range of chemicals used in various applications,…

24 min read Jun 18, 2025

Accounting

How to Fill Out Form W-4?

Why should you care about filling out a W-4? Well, if you are switching jobs, you'll soon find…

10 min read Jun 17, 2025