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12 mins read

Finance & Accounting Basics Quiz: Test Your Fundamentals

Table of Contents Introduction Section 1: Financial Statement Basics Section 2: Accounting Principles & Terminology Section 3: Bookkeeping Essentials Section 4: Key Ratios & Business Metrics […]

by Ben Falloon
Accounting Business Operations Finance
13 mins read

Finance Process Automation: How Modern Businesses Are Transforming Efficiency and Accuracy

Introduction In the competitive environment of U.S. companies, finance process automation is a game changer for businesses striving to get ahead. If you are managing accounts […]

by Maximilian Straub
Accounting Bookkeeping BPO Business Operations Finance
11 mins read

How Much Does a Bookkeeper Cost Per Month? Prices, Models, and What Affects the Rate

Table of Contents Introduction How Much Do Businesses Pay Bookkeepers? What Influences Bookkeeping Costs? How Much Do Business Size and Industry Type Matter? In-House or Outsourced: […]

by Maximilian Straub
Uncategorized
17 mins read

Financial Reporting Guide: Accuracy, Speed, and Best Practices

Introduction  There is no denying the hectic ambience that the “end of the month” brings along with 10 spreadsheets to be managed, half a dozen bank […]

by Maximilian Straub
BPO Business Operations Finance
8 mins read

What is accrual accounting

Table of Contents Why Accrual Accounting Exists at All What Accrual Accounting Actually Captures Accrual Accounting Versus Cash Accounting in Practice Where Accrual-Based Reporting Commonly Goes […]

by Maximilian Straub
Accounting Bookkeeping Business Operations Finance
13 mins read

Cash vs. Accrual Accounting: What’s the Difference and Which Is Better for Your Business?

Table of Contents Introduction What “Recording a Transaction” Really Means Cash vs. Accrual Accounting: Core Differences How Each Method Changes Your Financial Statements Taxes, IRS Rules, […]

by Ingrid Galvez
Accounting Bookkeeping Business Operations Finance
10 mins read

What Is a Cash Flow Statement? A Simple Explanation for Businesses

Table of Contents Introduction What Is a Cash Flow Statement: Definition & Purpose The Three Main Sections: Operating, Investing & Financing How to Prepare a Cash […]

by Maximilian Straub
Accounting BPO Business Operations Finance
10 mins read

How Small Businesses Improved Accuracy Using Accounting Software: Real Stories

Table of Contents Introduction Real Stories of Small Business Accounting Success Jo Harrison — Bringing Order to Intuition Caroline Beavon — Tracking Value Beyond Creativity Perry’s […]

by Maximilian Straub
Accounting Business Operations
10 mins read

Financial Close Guide: Steps, Timelines, Best Practices, and Automation Tips

Table of Contents Introduction What are the Financial Close Steps Step 1: Record and Validate Transactions Step 2: Reconcile Accounts Step 3: Accruals and Adjusting Entries […]

by Maximilian Straub
Accounting Business Operations Finance
9 mins read

QuickBooks vs Xero: Which Accounting Software Is Best for Small Businesses?

As a VP or director of a D2C company, what are your duties? You’re responsible for bringing in revenue and keeping your operations running. That’s it? […]

by Maximilian Straub
Accounting Business Operations