Accounting in any organisation is vital to ascertain profitability and growth. However, businesses that still use the manual bookkeeping method are opening themselves to a host of errors and financial
What is Bank Reconciliation?
Bank reconciliation is one of the essential ways of maintaining control of your business. Regardless of the size of your business, it is a crucial part of the accounting system
How to Transition to Cloud Accounting
More and more SMEs are switching from traditional desktop and manual accounting methods to cloud accounting. Thanks to its improved security and accessibility, that allow users to collaborate and communicate
How Did Small Businesses Evolve During Lockdown?
The COVID-19 lockdowns have caused immense economic disruption in Malaysia, Singapore, and across the globe. Many businesses were forced to shut down in adherence to the COVID-19 prevention protocols to
Eight Advantages of Using Invoice Software
Invoice software is an essential tool that every business owner should be using to run their businesses efficiently. After all, smart business owners are always looking for ways to scale
Seven Accounting Software Features that Save Your Time
Businesses today start adopting accounting software to streamline their business operations and manages cash flow. However, some business owners discuss whether this technology will be here to stay or the
Types of Bookkeeping Systems & Methods
Every business, no matter the size, needs a good bookkeeping system. Bookkeeping is how companies record their day-to-day transactions and prepare financial statements and tax reports Bookkeeping, when done correctly,
How to Improve Your Invoicing Process
Whether you run a massive multinational or a corner store, invoicing is an essential process in your business. Just because this business management procedure has been around a long time
Step By Step How-To: Bank Reconciliation
What is Bank Reconciliation? Bank reconciliation is a process that compares and matches the cash balance of your company’s balance sheet to your bank statement. This helps businesses identify the
Benefits of Using Mobile Accounting Apps
Accounting departments of businesses around the world have witnessed significant technology advancements in recent decades. From desktop accounting software to cloud-based accounting software, technology has always focused on improving accuracy
