Life span of an asset to a business rests primarily, on the purpose of its acquisition and secondary, on its Read more
Month: December 2021
To Call Accounting Outsourcing Firm can Solve Your Problems
Outsourcing is the perfect answer to handle the increasing workload of accounting firms. It is the tax payment time and Read more
Accounting Software Minimises Workload And Cuts Business Expenses
It isn’t so very long ago that anyone dealing with the bookkeeping requirements of a small, or even quite large, Read more
Oh Dear, Binders! For the Month End Close Process?
Does low-tech essentially mean low-cost? Maybe not. A financial close Reconciliation software system is transparently cost-effective. We like security. You Read more
What is Depreciation? Accounting For Non-Accountants
If I was to ask four people what depreciation was, I’d probably get four different answers: The amount of wear Read more
Centralised And Decentralised Books
Inventory purchased by head office and sent to branches for them to sell can be invoiced to the branch at Read more
Accounting Conventions and Accounting Concepts
(1) Relevance The convention of relevance emphasizes the fact that only such information should be made available by accounting as Read more
The Ten Most Common Billing Mistakes Contractors Make
Government contractors, particularly those who are new to government work and are working for a DoD agency, often face delays Read more
Harmonization: The Benefits of Universal Accounting Standards
As the countries of the world continue to become more interconnected on a daily basis, increasing globalization is inevitable. Their Read more
Taking the Pain Out of Accounts Payable
No two businesses are alike, except too many are the same when it comes to how they handle their outgoing Read more