Bookkeeping & Cash Flow Management

Accounting and Cash Flow Step One: Gain the knowledge Step Two: Select an accountant Methods of Accounting Cash Basis Method Accrual Method Tax Liabilit ...

10 Ways to Help Increase Your Cash Flow As any small business owner knows, maintaining smooth cash flow requires juggling nearly every facet of a business, from staying on top of accounts re ...

Accounting Principles for Diverse Needs and Situations Choose an Accounting Method Your chosen accounting approach will guide how and when you key in income and expenditure items in your financial records. You ...

Bookkeeping and Record Keeping Basics Proper bookkeeping is important to sustaining and expanding a business. Without it, you run the risk of hitting cash flow crunches, wasting money, and miss ...

Business Accounting and Bookkeeping Basics Bookkeeping Your business transactions will be backed by financial as well as non-financial records. Bookkeeping, undertaken by bookkeepers, entails the do ...

Business Cash Management during Fiscal Turmoil Manoeuvring in Tough Economic Times Honesty is key to sustained business existence. Consequently, you need to appropriately alert your vendors, contractors ...

Business Crisis Management and Emergency Planning Implement Crisis Intervention Measures Usually unexpectedly, your business could be hit by unforeseen events. In such situations, crisis management experti ...

Business Recession Strategies for Survival How do You Deal with Economic Downturns? Financial recessions have become commonplace occurrences. Your business is likely to be affected by an economic sl ...

Business Turnaround Strategies Failing Business If your small business is underperforming, you could benefit from turnaround advice. This assistance helps you to transcend the various ch ...

Cash Flow Problems and Cash Flow Management Cash Flow Crunches As a small business person, you could find yourself in a tight cash situation at any time. Obviously, you would try to get out of such c ...

Cash Flow Triage It's Monday morning and you don't have enough cash on hand to make Friday's payroll. What options do you have? Cash flow crunches affect every company ...

Cutting Fixed Costs Minimising Fixed Expenses Your supplier is unlikely to offer you discounts unless you purchase in bulk or pay up promptly. Consequently, you are better abl ...

How to Save Money Advice Small cost saving Reduction Strategies One overarching motive of you, the business person, is to operate at the lowest possible costs. You always think of ...

Inventory Costs Management Techniques Inventory Glut Problems You need to be aware that inventory management costs you money. Some management issues arising from excess or slow-moving inventory ...

Making Independent Contractor or Statutory Employee Choices Key Considerations Depending on your business’ cycle among other factors, you may hire a permanent employee or an Independent Contractors (IC) to car ...

Managing Abrupt Small Business Expansion Sudden Growth Spurt As a progressive businessperson, you aspire for your business to experience sustained growth. Without a doubt, you would not mind subst ...

Managing Business Cash Flow Problems Cash Flow Problems Cash deficits threaten your business. This is because despite the crunch, you have to pay certain business expenses such as staff wages, ...

Managing Small Business Start-up Problems Start-Up Problems Like any other new entity, your new business may face a number of obstacles. The problems could be cash-related. Challenges could as well ...

Minimising Small Business Expenses Cutting Costs Expenses are an unavoidable small business parameter. Nevertheless, you need to know that costs eat away your profits. You thus need to devis ...

Projecting Cash Flow Cash flow problems often catch small business owners by surprise. An accurate cash flow projection can protect entrepreneurs against this situation. ...

Stabilising Your Cash Flow Cash Flow Management Proper cash flow management requires you to properly control the monies going in and out of your business. Cash flow projection or cas ...

Cash Flow Budget Worksheet Benefits: The Cash Flow Budget Worksheet is used to project your business's cash inflows and outflows over a six-month period of time. Budgeting worksheets ...

Cash Flow Sensitivity Analysis Worksheet Benefits: This worksheet is set up to be used for forecasting changes in your receipts and disbursements and the effects the changes will have on yo ...

Customer Statement of Account Template Benefits: Do you extend credit to your customers? If you do, two things are essential to maintaining control of your receivables. First, you need to maintai ...

Monthly Bank Reconciliation Template Benefits: If you find yourself spending lots of time every month reconciling your bank statement and still aren't able to nail it down to the penny, ...

Trial Balance Worksheet Benefits: Whatever kind of business you run, you have to close your books at least once a year to prepare an income tax return — or more frequ ...

Business Financial Records Management Know Your Numbers As a business person, you need to keep accurate income records and expense records. These financial records will form the basis of your t ...

Financial Forecasting What is Forecasting? Financial forecasting helps you to determine several factors, including: Your proposed (or existing) business’ cash requirement ...

Key Accounting Principles Important Accounting Concepts Financial statements are integral constituents of your business. They facilitate accurate financial reporting. Principles of ...