What Are Profitability Ratios? Definition, Types and Importance

Few things that you need to consider before buying bookkeeping software for business. Let’s check some factors to consider before choosing the right bookkeeping software for your business in the USA

An estimate is an approximate value of what something is likely to cost and how long a project can take. A cost estimate is not a value that is set in stone because it can change.

Many business owners get the estimate meaning incorrect. Estimations are important in many scenarios and so they should be clearly understood. An estimate is an intelligent guess or approximation

Poor inventory management is often considered the leading cause of business inefficiencies. Let’s check how do you strike the right balance between having too much or too little stock.

Some companies do not often use credit notes. However, credit notes can play a vital role in invoicing. It is essential for a person who works with invoicing to know what a credit note is and how

One of the most critical aspects of managing a business is cash management. It is also called treasury management. The people in a company who are usually connected to cash management are CFOs

A trial balance and a balance sheet are two very important financial documents for any business. However, many differences distinguish these reports from each other. A trial balance is usually

The humble invoice is the primary building block of a business’ books of accounts. The accurate recording and management of invoicing are essential for the financial management of a business.

You might have often heard the terms back office support and back office services often. What do they actually mean? Let us begin by what a back office means. A back office is the part of your