by admin | Jan 10, 2024 | Finance
According to research, more than 80% of businesses fail due to cash flow problems. Cash flow problems happen when more cash flows out of the company instead of into the company. It means when cash flow problems occur, you might not have sufficient cash to cover...
by admin | Dec 2, 2023 | Bookkeeper Services
Balancing business books is crucial for every business owner to run a business successfully. Keeping an eye on your accounts and monitoring payments that come in and go out is critical if you operate a business. If your books are outdated or your funds are in chaos,...
by admin | Nov 25, 2023 | Bank Reconciliation
The process of confirming a transaction’s completeness by comparing a company’s balance sheet and bank statement is known as bank reconciliation. It may be known as “closing the books.” When companies claim to have “closed their...
by admin | Nov 7, 2023 | Bookkeeper Services
Running a business is a challenging task, and managing business books is an even more daunting task. When it comes to managing business books, you need to decide to choose between single-entry and double-entry bookkeeping for your business. You can make the right...
by admin | Nov 3, 2023 | Small Business Bookkeeping
When running a business, owners most commonly depend on their basic understanding of business finances and accounting to reduce the risk of inaccurate business books, including payroll. Payroll is not only about issuing a paycheck to an employee, it involves paying...
