Overview Key performance indicators (KPIs) are important metrics that help organizations understand how well they achieve their goals. When it comes to
read moreCloud accounting is the latest buzzword, and if you are still using desktop-based software for accounting, it is time for you to upgrade your technological infrastructure and switch to cloud-based accounting. There are numerous benefits of cloud accounting, and upgrading to
read moreOverview As we are at the end of 2022, it's essential for businesses and accounting professionals to stay updated on the latest accounting trends and developments in the industry. The top accounting and bookkeeping trends for 2023 include the use of artificial intelligence and machine learning, the adoption of
read moreAs we know, determining the business's financial health is considered as crucial as running the business itself — it indicates the outcome of the business's policies and operations in monetary terms. Financial health is usually taken into consideration because of two factors. One is to evaluate the business's sustainability and take corrective action if an…
read moreNowadays, starting a business has become a trend. Everyone is talking about starting a small business and becoming an entrepreneur. But do you know approximately
read moreAccording to bookkeeping process that is used to produce information for business stakeholders about the company’s financial performance and position, for a specific period (monthly, quarterly, annually). The primary reason why the accounting cycle is required in every business is that it maintains all the financial data consistently, accurately, and in an organized format. Also,…
read moreFintech is the latest buzzword in the financial world, and it is quite happening as well. The paradigm shift is evident as Fintech offers more innovative products and services than conventional banks and financial institutions. It is a win-win for all, as consumers will reap the benefits. Whether it is user experience, price, or improved…
read moreFinancial statement mirrors the health and status of your business. Sorting through various aspects such as debit, credit, income, and expenses calls for financial literacy. Accounting is a language in itself; to understand financial summary, you must be wary of a few accounting terms. We are often approached by our clients with plenty of questions…
read moreSmall business bookkeeping and accounting bring loads of complexities and choosing whether to do it in-house or hire an
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