Category: Bookkeeping

They’re alerted instantly when unusual transactions occur, rather than discovering issues days later during month-end review. The traditional hierarchical review process disappears in a 15-minute close. But here’s the surprising part – it actually makes their work more valuable, not less. A 15-minute close isn’t about having the fanciest tools – it’s about having the...

By examining the balance sheet’s figures and ratios, you can gain insights into the overall financial health of the company. Look for trends, compare values over time, and benchmark against industry standards to make informed assessments. Identify strengths, weaknesses, and areas that may require attention or improvement. Creating a balance sheet in Excel offers a...

Otherwise, your data is hosted on secure servers by the provider, which ensures data security and encryption. Different third-party cloud hosting platforms charge different prices, and most have multiple pricing tiers. QuickBooks Enterprise offers a subscription-based pricing model that provides various plans and add-ons to suit your business needs. Instead, they can rely on cloud...

A positive net working capital indicates healthy cash flow and good management of accounts payable and accounts receivable. A negative change in working capital (or a negative number) may indicate an issue with accounting or inventory management. Net working capital is also essential for calculating free cash flow, which is used to reconcile net income...

AccountEdge Pro’s desktop accounting software adopts the familiar, generic interface of apps designed for Windows PCs and Macs. Zoho Books’ bank reconciliation shows the status of all company accounts in a single window. You’ll have more control over your cash flow, avoid late filing and payment penalties, and spend more time working on the things...

Empirical studies show that analysts at AI-equipped institutions significantly outperform their peers when alternative data becomes available. While disclosures are nominally public, only those with sufficient computational resources and model sophistication can process them effectively. The marginal cost of producing actionable financial insight has dropped sharply, shifting the locus of informational advantage from access to...