Imagine the last working day of the month. The office coffee has gone cold, and a bank statement, several spreadsheets and a client’s email are all open on the screen. The email contains just one sentence: “Can you quickly tell me why the...
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How much a business pays for things it stopped using long ago It was the end of the month. The director was looking through the bank statement, once again trying to understand why the money was running out faster than planned. The large pa...
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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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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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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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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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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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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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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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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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• Why Your Accountant Keeps Asking Follow-Up Questions • “What was this payment for?” • “Who did you transfer this amount to?” ...
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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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