Accounting Issues

Invoice Management

Invoice Management Tips – A Guide for Small Businesses!

It is considered to be the least favourite part of the job when you are asked to handle invoice management. It is important too when you are carrying out a small business, you need to track down your cash flow as well. It is suggested to use a successful invoice sample and work on identifying […]

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why is accounting important in healthcare

A Guide About The Importance of Accounting in The Healthcare Industry!

Over the past few years, the progress of the medical industry in the UK has grown rapidly. Along with the growth of the industry, the role of accounting in healthcare has become more critical than ever. Although the national health system takes charge of taking care of medical needs in the UK, people’s tendency towards

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Accruals and Prepayments

Understanding the Concept of Accruals and Prepayments

While managing your accounting processes and ledgers, you often have to struggle through the confusing terms of accruals and prepayments. Besides, you also hear about the accruals and prepayments to manage your expenses and revenues. These confusing accounting terms can lead to errors in reporting the financial statements or you can skip any entry due

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Financial Reporting

All You Need to Know About Financial Reporting!

Do you relate to the feeling of an employee who has just completed his annual or monthly financial report, however, all the departments are requesting revisions and changes? This happens because you are losing the track of things rapidly. Also, because of the manual tracking, the errors creep in more frequently. This way the quality

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FreeAgent vs QuickBooks

Compare FreeAgent vs QuickBooks Online – A Beginner’s Guide

You are on the hunt for finding the best core accounting solutions for your business? According to research, the buyers are more inclined towards real total implementation cost, user review, vendor reliability, and a list of features. QuickBooks vs FreeAgent? Are you stuck between the two?   An Introductory Understanding of QuickBooks vs FreeAgent In

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Companies House amended accounts

Companies House Amended Accounts: A Beginner’s Guide

Oftentimes, running a limited company may seem like a gruelling task. With customers, suppliers, and employees to manage, company directors face difficulty carrying out the administrative and financial responsibilities of the business. To save time and money, they prefer to hand over these tasks to accountants to ensure compliance. In addition, these accountants manage everything

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