Feb 1, 2023 | Bookkeeping
Introduction: Small businesses have a lot on their plate at the end of the month, particularly when it comes to wrapping up sales and completing bookkeeping. This task can be overwhelming, especially if you’re not familiar with accounting software, like...
Jan 26, 2023 | Bookkeeping
Financial statements Financial statements are a core part of any business. They provide insights into a company’s overall financial health and performance. However, interpreting financial statements can be tricky, especially for those who are not familiar with...
Jan 24, 2023 | Bookkeeping
Introduction Bookkeeping is an essential aspect of the hotel industry. Hotel Bookkeeping helps to ensure customer satisfaction and repeat business. By keeping track of expenses, managing taxes, and providing important financial data for investors and loans, efficient...
Jan 21, 2023 | Bookkeeping
Cash vs Accrual Accounting If you are a business owner, you will need to use some form of accounting to track your income and expenses. There are two main types of accounting: accrual-based accounting and cash-based accounting. In this article, we will take a look at...
Mar 27, 2018 | Bookkeeping
Monthly Recurring Revenue, or MRR, is a monthly amount of revenue secured by a business on an ongoing basis. It is one of the main metrics for a subscription-based business model, where customers pay fees every month, in exchange for services...
Mar 16, 2018 | Bookkeeping
Selling your business is typically a complex venture that may require a lot of planning and preparation. A common question we hear is, ‘How Much Can I Sell My Business For? The first step in the process should be deciding whether or not you truly want to sell...