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Charles Lutwidge

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Charles Lutwidge is a writer with a passion for helping small businesses succeed. Having worked at multiple startups, Charles understands the unique challenges that entrepreneurs face. He writes about a wide range of topics, from management to bookkeeping to technology — all with a focus on helping business owners overcome key obstacles to growth.

Email: charles@bookstime.com
Phone: 8889026657

November 20, 2024

Charles Lutwidge
How Does Automated Invoicing Work?

How Does Automated Invoicing Work?

Manually entering invoices into an enterprise resource planning (ERP) or accounting system is time-consuming for 68% of firms, while 32% of entrepreneurs profit from automation. Imagine how many working hours and money you can save by delegating this work to...

Reading Time 6 mins
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Never Worry About Your Bookkeeping Again
Never Worry About Your Bookkeeping Again

Delegate your financial records to a highly qualified bookkeeper and forget about bookkeeping stress forever.

November 11, 2024

Charles Lutwidge
What is a Statement of Functional Expenses for Nonprofits?

What is a Statement of Functional Expenses for Nonprofits?

Nonprofit organizations should uphold high financial reporting standards to benefit from tax exemptions. Recording operational expenditures may be arduous, but it allows entities to win benefactors’ support and remain accountable. A public-benefit foundation must track its spending and earnings to...

Reading Time 5 mins
0 / 5 (0 voted)

November 06, 2024

Charles Lutwidge
Why SaaS Business Needs a Fractional CFO?

Why SaaS Business Needs a Fractional CFO?

SaaS business owners often do not have the time or resources to keep finances in order. This issue comes to the forefront when they decide to scale up operations. Hiring a Chief Financial Officer may be too expensive if funds...

Reading Time 4 mins
0 / 5 (0 voted)

October 29, 2024

Charles Lutwidge
A Comprehensive Guide to Creating a Church Budget

A Comprehensive Guide to Creating a Church Budget

Spending the available resources wisely is the only way to ensure the sustainable future of a congregation and fund charitable activities. By embracing the best financial stewardship practices, churches get a strategic tool at their disposal that enables them to...

Reading Time 7 mins
0 / 5 (0 voted)

October 21, 2024

Charles Lutwidge
How to Accept Stock Donations as a Nonprofit?

How to Accept Stock Donations as a Nonprofit?

Nonprofit organizations (NPOs) enhance financial health by diversifying revenue sources. Even though getting equities is a common practice, learning how to accept stock donations opens new opportunities for any philanthropic organization. However, mastering the intricacies of the accounting procedures is...

Reading Time 6 mins
0 / 5 (0 voted)

October 18, 2024

Charles Lutwidge
How to Comply with GAAP Rules for Nonprofits?

How to Comply with GAAP Rules for Nonprofits?

Maintaining the financial strength of an organization necessitates learning how to meet existing regulations. Generally Accepted Accounting Principles (GAAP) enable companies to achieve strategic goals while remaining fully transparent. Charitable organizations align their practices with current regulations to win investors’...

Reading Time 5 mins
0 / 5 (0 voted)

October 16, 2024

Charles Lutwidge
Bookkeeping for Chiropractors: 7 Tips to Improve Your Business

Bookkeeping for Chiropractors: 7 Tips to Improve Your Business

As a chiropractor, you can realign your spine with the proper knowledge and practice, but when it comes to accounting, you may wonder if you’re doing it right. If you feel lost when managing your practice’s resources, it’s time to...

Reading Time 5 mins
5 / 5 (1 voted)

October 10, 2024

Charles Lutwidge
Best Ways to Get Paid as a Freelancer

Best Ways to Get Paid as a Freelancer

Independent professionals who start businesses and offer services as self-employed specialists often need help when trying to collect fees. This is why many of them start to wonder, “How to get paid as a freelancer?” After spending months on a...

Reading Time 7 mins
0 / 5 (0 voted)
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How Does Automated Invoicing Work?What is a Statement of Functional Expenses for Nonprofits?Why SaaS Business Needs a Fractional CFO?A Comprehensive Guide to Creating a Church BudgetHow to Accept Stock Donations as a Nonprofit?How to Comply with GAAP Rules for Nonprofits?Bookkeeping for Chiropractors: 7 Tips to Improve Your BusinessBest Ways to Get Paid as a FreelancerWhat Is the Quote-to-Cash (Q2C) Process?What is Payment Reconciliation?What Is Accounts Receivable (AR) Automation?Food Truck Accounting: Essential Tips for Maximizing ProfitabilityWhat is Accounts Payable (AP) Automation?How Recurring Billing Can Benefit Business?A Guide to Retainer Fees for LawyersHotel Budgeting Process: How to Prepare Hotel Budget?What is Legal E-Billing?Bookkeeping for Veterinarians: A Detailed Guide and Key TipsA Guide to Financial Reporting AutomationImproving Law Firm Accounts Receivable ManagementWhat’s the Difference between Treasury and Cash ManagementIs Accounts Payable Outsourcing the Best 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