The end of 2018 is just around the corner. You may not want to think about next year so soon, but getting your finances in order will start off your New Year right. Here are some simple steps you can take now that will save you a lot of time later. […]
Keeping your business finances in order is crucial because it can help you project your business’ growth, determine how your earnings and expenses stack up, and make informed decisions. Managing finances, however, can be difficult at times particularly for business owners who want to do everything alone. To make finance management and accounting more manageable, [...]
These basic principles form the basis which modern accounting is based. The best-known of these principles are as follows: The Accrual Principle: The concept that accounting transactions should be recorded in the periods when they actually occur; Ignoring this principle would cause delays in payments. […]
