July 11, 2025
Charles LutwidgeHow to Invoice as a Freelancer: Things You MUST Include
Writer? Designer? Bookkeeper who helps different companies during tax season? Whatever services you offer, you’ll be in business like the 73.3 million other freelancers in the USA, more than 36% of the country’s workforce. To maintain the freedom and independence...
Delegate your financial records to a highly qualified bookkeeper and forget about bookkeeping stress forever.
July 07, 2025
Charles LutwidgeWhat Are Trade Payables?
Any growing company benefits from strong relationships with counterparties, and trade payables are an important part of the strategy. These are short-term commitments to your counterparties. Partners ship you the desired materials and commodities, and you must pay within a...
June 30, 2025
Charles LutwidgeWhat is Statutory Reporting in Accounting?
Statutory reporting means preparing and submitting statutory financial statements required by law to government authorities, tax offices, or regulators. They must follow specific accounting standards and be accurate, timely, and complete. It’s not just about compliance. It shows the world...
June 23, 2025
Charles LutwidgeWhat is Blockchain in Accounting?
You’ve probably heard about blockchain’s role in cryptocurrency, but its applications go far beyond digital coins. Blockchain allows for secure and transparent transactions involving property rights, contracts, and financial obligations. When paired with artificial intelligence (AI), distributed ledger technology can...
June 16, 2025
Charles LutwidgeWhat is Automated Spend Analysis?
In today’s competitive, fast-paced world, you have seconds to grasp the chance or prevent a danger that could change the course of the firm. You need reliable information that gives you a clear view of the situation so you may...
June 12, 2025
Charles LutwidgeWhat Is Catch Up Bookkeeping
As your small business grows, so do your responsibilities. It becomes increasingly difficult to devote time to different types of work as you concentrate on developing the firm, and tasks such as accounting fall into the background. Maintaining accurate and...
June 10, 2025
Charles LutwidgeWhat is EBITDA and Why is It Important?
Interpreting a company’s performance can feel like navigating a maze for business owners. Focusing on specific metrics can sometimes hide the bigger picture of overall financial health. However, some tools offer a remarkably clear and insightful understanding. EBITDA is an...
June 02, 2025
Charles LutwidgeWhat is the Cash Conversion Cycle (CCC)?
Cash Conversion Cycle (CCC) makes or breaks the business’s success. It is an illustration of how effectively your business transforms investments into actual money in the bank account. When you put money into inventory or services, there’s a natural flow...