Your company is thriving, your customer base is growing, and your revenues are increasing. What could go wrong? Maybe nothing at all, but without a competent backbone and plan, your...
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An effective IT infrastructure is essential for any healthy and growing organization. Ensuring the backbone of your company is solid will position you for success in all facets of your...
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Are you considering moving your business data to the cloud? You aren’t alone. Many of our clients have decided to move to cloud-based data storage for a variety of reasons....
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Both, cash and accrual methods are used for recording accounting transactions. Cash Method With the cash method, there is no record of accounts payable or accounts receivable. Instead, revenue is recorded when cash is received and expense is recorded when cash is paid out. The cash method also serves as an indication of whether there
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Accounts receivables (AR) keeps stock of the payments received by the business. For a business that is generating a considerable income, managing to keep expenses low, and ensuring effective daily operations, losing track of the accounts receivables still remains a reality and one that can have a negative impact. For a growing business, it is
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Financial sustainability of a business depends on several factors, including its accounting and bookkeeping functions which form the basis of strong financial operations. The presence of robust financial operations typically indicate diligent bookkeeping and accounting practices. Furthermore, a reliable accounting division in a business may be determined by the collective strength of the accounting team’s
The post Who Are The Key Players On Your Accounting Team? appeared first on Analytix Accounting.
