by ABIP | Aug 30, 2013 | Accounting
Whether you have a small or large company, there are so many ways you can make mistakes when it comes to handling your bank accounts and everything pertaining to them. Many businesses do not properly keep track of the transactions they make through their bank accounts...
by ABIP | Aug 28, 2013 | Accounting
Cash Isn’t King? How Cash Causes Problems Having a petty cash fund in your business is somewhat necessary. However, this cash fund must be accounted for and you should be able to justify where the cash is coming from and where it is going. Accounting for cash helps...
by ABIP | Aug 20, 2013 | Accounting
Avoid These 5 Traps of Business Credit Cards As convenient as credit cards are for businesses, it is easy for business owners to fall in the trap of misusing them and lose money. This is why it is very important for businesses to utilize their credit cards in the...
by ABIP | Aug 15, 2013 | Accounting
Accounting Secret: Isolating Properties for More Profits It is very common for companies to make the mistake of not keeping their properties separate within their business. If you are a business owner with more than one property, you might find this article...
by ABIP | Aug 12, 2013 | Accounting
When it comes to accounting, keeping your finances organized is the key to success. However, it is still something that a lot of business owners lack. The reason is that they do not keep a proper chart of accounts (COA) and, as a result, fail to properly track their...