Category: Accounting

All companies in the UK have to send company information and financial reports to the government each year, including their accounts, transactions, shareholders, and details of mortgages. The UK government publishes detailed reports of the companies on the official website of it. The report is accessible to the public only when they pay for accessing… Continue reading The Advantages of Getting Information About the UK-Based Companies and Their Accounts

In order to understand the difference between QuickBooks Online and Hosted QuickBooks, we need to know 3 versions of QuickBooks. 1. Desktop QuickBooks 2. QuickBooks Online 3. Cloud Hosted QuickBooks Desktop QuickBooks edition The QuickBooks desktop edition has many features that help you a lot in bookkeeping & maintaining accounts. Inventory tracking, currency calculator, company… Continue reading QuickBooks Online Vs Cloud Hosted QuickBooks

Most business owners are familiar with the big three financial documents: Profit & Loss (Income) Statement Cash-Flow Statement (or projection, when used for budget planning) Balance Sheet Those statements are compiled monthly, quarterly and annually and each gives useful insight into the fiscal health of the company. The smart business owner consults these statements each… Continue reading Understanding Break-Even Financial Analysis

Presumably, every business is looking forward to upgrading their accounting software so to quest for some new features & functionalities within the business. However, practices made after integrating new software not always streamlines to its best. Intuit tries hard to keep its brainchild, QuickBooks, top in the lists of stellar accounting software and thus affirmed… Continue reading How Quickbooks Enterprise With Hosting Can Change The Way You Work

No matter the type of business you are in, the core of your business must run smoothly to increase the effectiveness of all that is done within your business. Every aspect of the business will impact on your Cash Flow at some point, so it is important that the financial heart of your business is… Continue reading The Core of Your Survival in Business Is Cash Flow

Have you ever experienced frustration trying to figure out exactly what you are paying for the “privilege” of accepting plastic in your business? There seems to be so many miscellaneous fees on Merchant statements and it keeps getting more complicated. It really shouldn’t be that way, but, unfortunately, it is often done by design. So,… Continue reading What’s Your Net Effective Rate?

Simply put, Accountants are professional practitioners in the field of accounting. They’re individuals properly trained in several areas of accounting including auditing, bookkeeping, and analysis of accounts. Also, they are responsible for the preparation of annual financial statements which are used by decision makers in the company, tax authorities, and shareholders. More importantly to their… Continue reading What Do Accountants Do and Why Your Business Requires Them?

Companies will find that they will enjoy a host of benefits when it comes to using management accounting services. The benefits are numerous and when you choose a professional service to provide you with the management accounting process, you will find that you don’t only save money, but you save time and energy while freeing… Continue reading Reasons to Consider Using Management Accounting Services

When we talk about accounting services, you’d be pretty surprised at the varied amount of answers you’ll get from everyone. With so many financial backgrounds at work at any given time, it’s no wonder that pegging down a solid notion of what accounting services entail can be difficult. The fact is that there is more… Continue reading Five Accounting Services You Should Leave to A Pro

There are still lots of auditors who are not versed in the constant change that is taking place in the marketplace. The recent financial conversions also make it quite hard for auditors to assemble precise results for the large numbers. It’s obvious that each financial year carries its own flaws; being confident for making future… Continue reading How QuickBooks In The Cloud Is Making Preparation Of Audits Easy For CPAs