In an era where time certainly does mean money, it is vital to run your business like a well-oiled machine. You need to be quick, organized and cost-effective and you are required to maintain strict government regulations. This is only possible when…
When a company purchases goods on credit which needs to be paid back in a short period of time, it is known as Accounts Payable It is treated as a liability and comes under the head ‘current liabilities’. Accounts Payable is a…
Efficient management of cash flow is crucial to a business of any size. An essential activity in the process is accounts receivable management. Accounts receivable services is the money owed to the company by customers for the sales of goods or services…
Inventory management is the system of keeping tab on the goods available and sold, along with managing stock so that the seller is never out of it. Inventory management is a complex and time consuming process and is usually the top priority…
The simplest way to define cash flow is the movement of money in or out of the business during a pre-specified time. Maintaining and updating cash flows is crucial for the business to understand its liquidity as well as take sound financial…
If you are a CPA, and you need help during the tax season, you have come to the right place. Recent studies show that most organizations experience lots of problems when handling, taxes because they have no guidance.
