Best Practices to Keep Track of Invoices and Payments.
Learn the best ways to track invoices and payments efficiently. Explore simple strategies, digital tools, and expert tips to avoid late payments.
Best Accounting Software for Ecommerce Businesses
Looking for the best accounting software for your ecommerce business? Find the right fit with key features, pros, and cons.
How AI is Transforming Billing and Accounting Software.
AI is reshaping billing and accounting software by automating tasks and improving accuracy. Learn how AI-driven tools enhance financial management.
Objectives of Inventory Management: Challenges +strategies.
Learn the key objectives of inventory management, including stock optimization, cost reduction, and demand planning. Improve efficiency with best practices.
Inventory Control Strategies: Objectives and Methods
Learn the key objectives and best methods of inventory control to reduce costs, and improve efficiency. Find expert insights and practical strategies.
ERP vs. Accounting Software – Key Differences & Benefits
Confused between ERP and accounting software? Learn the key differences, advantages, and how to choose the right solution for your business.
What is an Operating Lease?
An operating lease is a rental agreement where a company uses an asset without owning it. The company (lessee) pays the owner (lessor) to use the asset for a set time. After the lease ends, the asset goes back to the owner. This type of lease is common for things like vehicles, equipment, or office […]
What are Prepayments?
Prepayments are payments made before their due date. This can apply to settling debts early or paying for goods and services in advance. For instance, paying off a loan ahead of schedule or covering several months of rent upfront are examples of prepayments. Types of Prepayments: Benefits of Prepayments: Considerations: In summary, prepayments involve settling […]
What is a Debenture?
A debenture is a type of debt instrument companies use to raise funds from the public or private investors. It works like a loan where the company borrows money and agrees to pay it back with interest over a specific period. These instruments are widely used in the financial world due to their simplicity and […]
Company UTR Number.
A Company UTR (Unique Taxpayer Reference) number is a 10-digit number given by HM Revenue and Customs (HMRC) to businesses in the UK. This number is used to identify your company for tax-related matters, like filing returns and making payments. How is a Company UTR Number Issued? When you register your company with Companies House, […]