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March 15, 2022

Strategies for optimising your accounts receivable

It is preferable to receive rather than lend. Businesses that prioritise sales are prone to extend credits to clients, give discounts, or bypass payment restrictions to […]
March 15, 2022

Support your workforce: How outsourcing finance can put productivity and people first

Outsourced account service is the industry practice of contracting with a third party to do financial duties instead of recruiting new workers or allocating such responsibilities […]
March 15, 2022

Working capital management as a cost-cutting and profit-maximizing tool

Companies’ long-term capital is devoted to fixed-asset investment. It involves shareholder capital as well as long-term loans. They are using short-term money to invest in current […]
March 15, 2022

Factors you should consider before outsourcing your finance and accounting

Have you reached a stage in your entrepreneurial career when you’re spending moretime preparing accounting statements and less time advancing your company?In that case, you can […]
March 15, 2022

4 Reasons why ethics are important in accounting for business

Adherence to a strict set of ethical rules has become standard in any enterprise. If any company deviates from their moral norms, their credibility and judgement […]
March 15, 2022

6 Helpful Accounting tips for a startup company

Entrepreneurship is exciting, and topics such as product development, financing, and marketing consume most of any entrepreneur’s focus, leaving accounting behind. Going through numerous financial records […]
March 15, 2022

Accounting as a management tool

Competition and rivalry are expected in an enterprise system, where only the fittest companies survive. With the production of wealth and business motives, control on the […]
March 15, 2022

Accounting methods to minimise cost while maintaining efficiency in accounting books

An organisation has many hidden costs like stationery, printing, and time spent on data entry activities. Outsourced accounting services llc run like a well-oiled machine with […]
March 15, 2022

Are you using a Balance Sheet to assess the health of your company?

A balance sheet in which your company plans to include a financial model categorises assets, liabilities, and equity. The cardinal criterion for a balance sheet is […]