Why are systems so important in Business

Why are systems so important in Business

In this article we discuss the following: A definition of a system or workflow in business The key advantages of creating systems in your business Examples where we can use systems in Accounting   What is a Business or Workflow System? A flow of tasks or...
What are  Accounts Payable

What are Accounts Payable

In this article we will look at the following: What are Accounts Payable and Why are they important Where are they reported in your accounts. Some tips from UFirst Bookkeepers on managing your Accounts Payable. Accounts Payable are the amounts you owe to suppliers who...
Setting up PayPal in QuickBooks Online.

Setting up PayPal in QuickBooks Online.

What you will need   QuickBooks Online Subscription A PayPal Business Account Administration access in QuickBooks Online Have a picture of the timeline of transactions and the information you wish to import into your PayPal account. n.b If you are an Advisor you...
Cash flow management: 8 ways to get paid faster

Cash flow management: 8 ways to get paid faster

Best practice: Credit Control Your company should have a credit control process with features such as credit terms, reference checks and stop supply. Credit terms: This refers to how long customers have before their invoices become due for payment. Some of the most...