Bookkeeping Tips For Non-Profits

A non-profit aims to achieve an objective or a set of goals and its finances are important tools for attaining these goals. Consequently, appropriate bookkeeping systems ensure that nonprofits use their financial resources according to their mission. Bookkeeping for such organizations entails the customary principles and accounting tasks that all businesses implement to track, analyze, […]

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7 Tips for Keeping Your Accounting Organized

The lifeblood of any business whether small or large is financial integrity. Therefore, the efficient management of your business accounting can help establish your success. Keeping your accounting and finances in order should be an achievable goal. You’ll not only save time but also money. Bear in mind that organizing your accounting takes effort and […]

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Using QBO’s Accounts Receivable Reports

Using QBO’s Accounts Receivable Reports With the holidays and year-end over, you can turn your attention to catching up with your customers. It would be nice if we could neatly wrap up every accounting month or quarter or year neatly, with all of our transactions completed. All current bills and invoices would be paid, physical […]

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Creating One-Time and Recurring Bills in Xero

Creating One-Time and Recurring Bills in Xero Making money is more rewarding than spending it on business obligations. Xero takes some of the drudgery out of your accounts payable duties. Managing cash flow is a challenge for most businesses. There are many things you can do to encourage customers to pay on time, but you […]

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Working with Bills and Expenses in Xero

July 2015 Working with Bills and Expenses in Xero It’s much more gratifying to work with incoming payments, but the money has to go out sometimes, too. Here’s an overview. Xero provides numerous ways to pay for goods and services that your company needs in Xero. How you do so depends on the type of […]

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5 Accounting Warning Signs That Your Business Is In Trouble

Waking to a failed business can be very frustrating. However, there are various warning signs of trouble that could help you take the necessary measures before it’s too late. Gaining a better understanding of your business’s financial performance will help you notice developing trends before a crisis takes place. Here are some red flags to […]

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KPIs – The 3 Most Important KPIs for Small Business Success

A key performance indicator or KPI is a quantifiable measure a business uses to establish its success in meeting the set strategic and operational goals. Therefore, businesses have varied KPIs depending on their priorities or performance criteria. Developing KPIs should be a priority for small business owners; they are a means to measure, track, and […]

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