August 29, 2023
Charles Lutwidge
Accounts Receivable Outsourcing: 5 Benefits For Your Business
Accounts receivable (A/R) represents clients’ debt, or what they owe for goods or services. Keeping track of this debt is an ongoing and tedious chore, and many entrepreneurs prefer to delegate this process to outside professionals. According to Forbes, A/R...
Delegate your financial records to a highly qualified bookkeeper and forget about bookkeeping stress forever.
August 16, 2023
Charles Lutwidge
Travel Agency Accounting: What Agency Owner Needs to Know
Travel agencies provide countless people with the opportunity for amazing, once-in-a-lifetime experiences. Owners and tour operators are experts in organizing incredible vacations, but may be less familiar with the financial side of the business, including the accounting process. As it...
August 09, 2023
Charles Lutwidge
HOA Accounting Guide For HOA Board Members
Homeowners Associations (HOAs) are organizations formed by residential communities to manage common areas, administer regulations, and handle financial matters. Homeowners pay a membership fee, and in exchange, the HOA invests in community development and sets and enforces rules for residents....
August 04, 2023
Charles Lutwidge
An Introduction To Oil And Gas Accounting
The O&G industry is an ever-changing landscape. Businesses in this sector need precise and effective accounting practices in order to weather the uncertainties, guarantee transparency, and optimize operations. Additionally, O&G companies grapple with their own unique set of challenges; not...
July 24, 2023
Charles Lutwidge
A Complete Guide to Mental Health Billing
Mental health has been a hot button issue nowadays, particularly since the Covid-19 pandemic began. According to a study by KFF/CNN, 90% of adults in the US believe that the country is facing a mental health crisis. Fortunately, therapists offer...
July 17, 2023
Charles Lutwidge
A Complete Guide on How to Run Payroll for Restaurants
According to the National Restaurant Association, the restaurant industry in the United States employs approximately 15.1 million people. In 2022, this industry generated an estimated $800 billion in sales. On average, labor cost in a restaurant varies from 30% to...
June 23, 2023
Charles Lutwidge
Why Do You Need To Outsource Invoicing For Your Company?
Running a business is no easy task. It involves juggling multiple moving parts, such as overseeing production, executing operations, and devising and implementing marketing campaigns. In order to succeed, you need to be able to focus on all of these...
May 30, 2023
Charles Lutwidge
Bookkeeping vs. Accounting: What is the Difference?
Most individuals are aware that accounting and bookkeeping are connected to finance, but they mistakenly assume that the two fields are identical. While it is true that these fields are both pillars of business finance — that is, they play...
