Computers and technology have transformed the accountancy sector. Digital accounting – carrying out financial management and reporting in an electronic format – is the new norm. Advancements in technology mean accountants can report on and interpret data much faster and more efficiently. This has changed the face of accountancy, allowing […]
Accounting
DIY Bookkeeping – Can I do Bookkeeping for my Own Small Business?
When you’re an entrepreneur, you are used to wearing multiple hats. What brings you here is conceivably the dilemma- if you should manage your bookkeeping yourself or hire a professional bookkeeper? Bookkeeping isn’t the same as accounting, as it may seem to an amateur. It is a very essential part […]
7 Solutions to Inventory Management Challenges
Any organization that holds inventory or stock is bound to face some inventory management challenges. The international trading landscape is continually changing and is more uncertain than ever. Problems like fluctuating demands, quality control, and human errors are common in inventory control, and the same must be managed so that […]
Tips For Succeeding In The Field Of Accounting
You may decide early on in your career that you want to be a successful accountant and see yourself at the top one day. While this is a great goal to have, it’s one that can be awfully challenging and stressful to take on. The following tips are going to […]
Simplified Systems – Understanding the Benefits of Accounting Software
The latest software developments and enhancements within advanced accounting software programs help SMEs reach greater success and therefore have changed the landscape and state of play for accounts finance departments – large or small, for the better. Fundamental responsibilities and benefits of reputable accounting software programs include workflow basics such […]
Benefits of an Accountant for Your Business and How to Find the Right One
When it comes to creating your own business, you’re probably wondering: who should I hire and why? One of the crucial people to get are accountants, which hold a ton of benefits when you hire one. However, if you’re starting a company, you wouldn’t want to spend on unnecessary things […]
7 Tips to Reduce Your Business’ Spreadsheet Risk
Spreadsheets have proven an essential tool for businesses of all sizes, equipping users with the means to better manage complex sets of data and simplify a number of business processes and projects. Providing a valuable and flexible toolset, spreadsheets help support the day-to-day processes of many businesses, with this great […]
Is Digitizing Business Accounting the Way Forward for Businesses in 2019?
Well, isn’t that a loaded question? When you consider the ease in which computer accounting software has made bookkeeping for businesses of all sizes, you would think there would be an easy answer to this. However, many small business owners see digitizing accounting as a huge expense and time-consuming process […]
What You Need To Know When Opening A Corporate Bank Account In Singapore
Singapore takes pride in being a truly business-friendly destination for entrepreneurs. With just a few hassle-free steps, one can easily start a business in the Lion City and take advantage of the bevy of opportunities it offers. One of the steps that new business owners are required to do is […]
4 Things You Should Know About Finances As A New Startup
When you launch your startup in an industry you’re passionate about, money isn’t always your only priority. But be honest — it is still a significant motivator for what you do. It’s on the back of your company’s finances that you can grow as a startup. Without cash, how can […]
What is UTR Number & Why Do You Need One?
What is a UTR number? An UTR (Unique Taxpayer Reference) number is a 10 digit number that is special to possibly you or your organization. It distinguishes you actually with HMRC for things identified with your expense commitments. If you have an UTR number and work in Construction – you […]
Tips For Choosing The Right Online Bookkeeping Company
Whether you are running a large or small company, it is imperative that you practice good bookkeeping policies. Otherwise, you never know if you are making more money than you are spending. You will never know what customers owe money or how much money they owe. This is not to […]