In order to thrive in today’s competitive business landscape, it is crucial for companies to have a clear understanding of their financial standing. This is where financial forecasting and budgeting play a vital role.
What is a Balance Sheet vs a Profit and Loss Statement (aka P&L or Income Statement)? And what about a general ledger vs a chart of accounts?
What is the difference between bookkeeping and an accounting department? What are the different types of bookkeeping?
In this breakdown, we will explore the differences between accrual accounting, cash accounting, and the option of using your accounting software to help with a more clear financial picture (or as we call it “Accrual Lite”).
When you have strong company values and people who believe those values are important, they will be more motivated to do their best work every day.
Previously, we looked at the differences between ACH and wires. Now we’re shifting to a more specific concern – how a company can make bill payments electronically.
Filing taxes is a cumbersome chore for businesses to manage each year. How can Accountix prepare you and your company for the 2023 tax season?
Electronic Money Movement (or EMM) is a hot topic in today’s tech-savvy world. Today we are going to look at ACH payments vs. wire transfers.
The 3 C’s of Credit, in this context, are Character, Collateral, and Capacity. So what does that mean for you? Let’s dive in.
In the accounting world, Accounts Payable (or AP) is essentially the process of paying bills and understanding how much you owe to each vendo
