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The first thing the experts tell you about online accounting software is that it automates your accounting function and saves your time. However, choosing perfect accounting software is not easy because they appear to have similar functionality. Here are some...

Can the small Indian business owners on-the-go benefit from online accounting software? Well, it is all essential for owners to separate and record personal and business expenses. Regularly updating their books of accounts is their obligation and statutory...

Every business needs to invest in the management of its cash flow. Not doing so could lead to serious financial complications for your small business. You can define cash flow as the cash or cash equivalent that is flowing into and out of business. The positive cash...

Knowledge is power. It is important for business owners to know what is in their inventory. And they have to know it about the last item. Knowing what is in their inventory allows them to make solid promises to their clients about the supply of products. It means...

What is Accounts Receivables? The businesses often provide products or services to a regular or special customer on credit and expect to be paid later. This amount or the balance, yet to receive, is termed as the accounts receivable for the business. Account...

Shouldn't you use technology to streamline the accounting workflow of your growing business? How about automating it using online accounting software? In the initial days, your accounting for small business is easy. You are hardly worried about taking steps to make...

Every small business owner has to deal with the delayed payments. It could happen for a variety of reasons. However, letting it happen because of your mistake is a cause of concern. It may highlight the need to search for a solution like online accounting software to...

Days of a small business owner, especially those of sole traders are full of actions. The important among them is making sure that your customers are paying on time. You could do so systematically if you know how to prepare accounts receivable ageing report.  ...

As a small business owner, you have to keep track of so many things. You will be better off if you know how to prepare accounts payable ageing report using the best online accounting software. Paying your suppliers on time will become that much easier.   What is...

Let us start with, "What is the cash flow statement?" to understand the significance of this document to your business. The cash flow statement gives detailed information on the cash generated and spent during the specified accounting period. You could easily use...