Bookkeeping

The accounts receivable controls start off from the creation of customer invoices. This means that if the business owners wish…

Most companies that involve in selling merchandises and products cannot get away with the calculation of the cost of goods sold…

Some people may feel that the relationship between accounts payables and accounts receivables is so confusing…

As we know, cash flow is of the utmost importance to the operations of a business as a company…

When it comes to entrepreneurship, the first idea that comes into most people’s mind would be they would have the freedom to…

Apart from the double-entry bookkeeping method that most business would use, there is another…

When you run a business, you need to carry out various activities and transactions, and you need to record them in…

Cost Marginal cost refers to the change in the sum of costs which arise when the number of units produced increase by one. In simple words…

The term “liabilities” probably sounds quite familiar to most business owners, and this term can sometimes be intimidating…

When companies are accounting for the debts that it can no longer collect from the customers, one of the methods that they can use is the direct write off…