Skipping Accounts Payable reconciliations at the end of each accounting period makes your company vulnerable to errors and fraud. If you don’t reconcile AP accounts, you can’t catch errors like bill duplication or sending a payment to the wrong vendor. This article discusses how to reconcile accounts payable easily and successfully.
Unlike paper invoices, which are often lost or delayed in the mail, e-invoices simplify how companies manage and track invoices. They increase efficiency, lower costs and improve customer service. This guide will further explain the benefits of e-invoicing and how to choose the right software program.
Forecasting is a valuable skill that allows small businesses to make informed decisions. With a small amount of knowledge and consistent practice, this skill can become invaluable and a game-changer for small businesses. Let us show you how.
While there is no shortage of accounting software to choose from, each offers its own features. But, at their core, all accounting software options are designed to provide a convenient, reliable way to keep track of your finances while keeping costs down. Let us help you choose the best fit for your startup business.
If you’re looking at the balance sheet, Accumulated Depreciation should be negative. But if your Depreciation Expense in the Income Statement is negative, you need to know why.
Let’s take a closer look at Depreciation to understand circumstances where it’s normal for this account to be negative.
This article discusses the types of legal liabilities an accountant might face and strategies to minimize the risk.
If you are a small business owner, you are stretched in every direction – Developing your product/service, offering good customer service, hiring talented staff and staying on top of your finances. Thankfully, you can find an experienced CPA to handle all the intricacies of business accounting.
This article outlines what a CPA can do for you!
A small business owner has a lot to think about. Sales, marketing, legislation, production, customer service, employees and finances – the list is endless. An aspect often overlooked is accurate bookkeeping – It is also one of the most important! This article lists 13 simple steps to get you started.
You may feel conflicted between pursuing three of the most sought-after qualifications in accounting – ACCA, CPA, and CFA. In this post, we’ll look deeper into each qualification to help you decide which certification is best for you.