Category: Bookkeeping

There is a lot of construction software out there for today’s construction firms to choose from. Ideally, a construction software that automates some – or all – of your bookkeeping would make running your business a lot easier. You may not be able to automate all of your bookkeeping, but there are parts of it…

Statements like the Profit and Loss that report income are more adequate for determining your company’s success for a given period. Once your decided accounting period has ended and the books are closed, your Net Profit/Loss will flow into Retained Earnings and help balance your Owner’s Equity. This way, even if you begin a period…

Automate warehouse and order fulfillment operations to ensure minimal human error. Electronic documents for electronic signature verification help avoid human mistakes resulting in reshipments and cancellations. It helps you amplify the SKU (stock-keeping units), which are your highest profit generators, and assists in boosting customer loyalty and satisfaction. Within Singapore’s competitive market, managing operational costs…

Horizontal analysis allows the assessment of relative changes in different items over time. It also indicates the behavior of revenues, expenses, and other line items of financial statements over the course of time. Trend analysis extends beyond simple period-to-period comparisons by examining data over a longer timeframe to identify consistent patterns or trends. The Financial…

When sales, finance, and legal are disconnected, the customer feels the pain. There is no one size fits for the DSO number; it depends on your company size. For instance, a DSO of 45 days might not be an issue for a significant company, but it is dreadful for a small company. While 80 days…

Trusted by thousands, perfected for you – get started with our expert team today. Managing bookkeeping on top of daily operations can also be overwhelming. This dual responsibility can lead to errors or overlooked details, impacting financial accuracy. Outsourced bookkeeping eliminates the need for in-house staff, office space, and equipment, leading to significant cost savings.…