Why is CFO Important For a Business?
A Chief Financial Officer (CFO) is a senior executive in charge of a company’s or organizations financial operations. You might be thinking if it’s time to hire a CFO for your company. In this tutorial, we’ll look at what a CFO is, why you might need one, and how they
Accounts Receivable
Accounts receivable, or A/R, is the accounting term for the money a company expects to receive from its customers as a result of the sale of products or services. It’s the amount of money for which you’ve sent out invoices but have yet to receive payment. When an invoice is
Bookkeeping Service
Home Blog Bookkeeping A three-tiered strategy to building and managing your company’s overall financial procedures and management is offered by a bookkeeping service. The accounting software professional is in charge of the first prong. He or she customizes your accounting data file to meet your and your company’s unique requirements. He’ll
Investing in the short term
If you’ve been reading our blog postings recently, you’ll notice that we’ve been discussing the stock market. We’ve been considering how to invest in the short term rather than only for retirement. Have you considered how to invest in the short term? Instead of saving for retirement, consider these short-term
Keeping Debt at Bay and living Within Your Means
In today’s world, we live in a consumerist society. Staying out of debt and sticking to a budget is difficult. What if you have a low salary and a lot of bills to pay? How can you stretch your money as far as possible? How do you consolidate debt such
4 Steps in The Bank Reconciliation
Bank reconciliation is the process by which an entity’s accounting record for a cash account is reconciled with its bank statement and it should be completed at regular intervals for all bank accounts.
Here are 4 steps for completing bank reconciliation
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