News

Oct

“We Just Have a Quick Question”: How a Five-Minute Consultation Uncovers Two Months of Business

“We Just Have a Quick Question”: How a Five-Minute Consultation Uncovers Two Months of Business

Uncovers Two Months of Business “Hello, we just have a quick question. It’s very simple. It won’t take more than five minutes.” The accountant opens a notebook. Five minutes is a good start. Sometimes that really is enou...

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Oct

“The payment is urgent”: how companies get used to paying without checking

“The payment is urgent”: how companies get used to paying without checking

It is Friday, with forty minutes left in the working day. The accountant is trying to finish the payroll calculations when a message arrives on their phone: “Please transfer this amount right now. If we don’t pay today, the delivery will...

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Sep

Business Is Growing, but Who Pays for That Growth?

Business Is Growing, but Who Pays for That Growth?

On Monday morning, the director of a manufacturing company received a call from its largest customer. The customer was ready to order almost three times as much as usual. The contract promised substantial revenue, work for the team, and impressive gr...

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Sep

What Happens If Your Accountant Does Not Come to Work Tomorrow

What Happens If Your Accountant Does Not Come to Work Tomorrow

It is Monday morning. The company director is preparing to make an important payment, the sales department is waiting for an invoice under a new contract, and an employee is asking about holiday pay. The accountant normally handles all these matters....

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Sep

December Will Be Too Late

December Will Be Too Late

7 checks every business should complete before the third quarter ends   It is one of the last days of September. A business owner opens the sales report and is pleased to see that turnover for the first nine months has increased compared w...

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Sep

Will Artificial Intelligence Replace Accountants or Make Them More Valuable?

Will Artificial Intelligence Replace Accountants or Make Them More Valuable?

Just a few years ago, it was easy to imagine a typical accountant’s working day. Invoices, contracts, and bank statements were spread across the desk, while accounting software and Excel spreadsheets were open on the computer. A significant par...

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Aug

When the Contract, Invoice, and Payment Tell Three Different Stories

When the Contract, Invoice, and Payment Tell Three Different Stories

In business, a transaction is often considered complete once the customer has paid for services already delivered or goods already supplied and the money has reached the bank account. The director is satisfied, the sales manager closes the order, and...

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Aug

High Revenue, Low Profit: Your Best Client May Be the Most Expensive One for Your Business

High Revenue, Low Profit: Your Best Client May Be the Most Expensive One for Your Business

There is a very natural assumption in business: the bigger the client, the better it is for the company.   If a client places large orders, regularly pays significant amounts, and accounts for a substantial share of revenue, that client is...

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Aug

Why Your Accountant Keeps Asking Follow-Up Questions

Why Your Accountant Keeps Asking Follow-Up Questions

  •    Why Your Accountant Keeps Asking Follow-Up Questions   •    “What was this payment for?”   •    “Who did you transfer this amount to?”  ...

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Aug

5 Habits That Make Small Business Accounting Easier

5 Habits That Make Small Business Accounting Easier

For small business owners, accounting is often seen as a necessary but rather complicated process. Tax reports, invoices, banking transactions, payroll, contracts, supplier payments - all of these can take a considerable amount of time, especially wh...

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Aug

5 Numbers Every Business Owner Should Check Each Month

5 Numbers Every Business Owner Should Check Each Month

It is the last day of the month. The phone keeps ringing, employees are waiting for their salaries, two clients still have not paid their invoices, and one supplier is reminding you about a payment that is already overdue. In the middle of all t...

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