What is a Journal Entry in Accounting?

A journal entry is the first stage of the accounting process. Its purpose is to record a business tr...

What is Payroll Tax and How is it Calculated?

Payroll tax is a percentage of an employee's salary paid to the government to fund social insurance ...

Statistically, your business is more likely to fail than flourish. If you are in business or looking...

Monitoring your Cost Of Goods Sold or COGS can help improve your profitability. It’s also a tax-dedu...

Having a good understanding of business accounting is essential to run a successful company. Even wi...

This article describes the bookkeeping process, whether it is performed by bookkeepers, accountants,...

Your company’s financial statements provide you with a wealth of information. They help you control ...

Is your business growing faster than you can manage? Then an inventory management software should be...

The cloud allows you to access to your data in real-time and from anywhere with an internet connecti...

Understanding where a file goes when you save it to your PC is a fairly simple concept. It lives on ...

Business owners and financial managers need to control inventory levels. Establishing the right inve...

It’s the time of year for daydreaming about creatively using leftovers. What if we apply some of tha...

Managing inventory is essential in business. In retail, excellent inventory management determines a ...