How to automate accounting processes Step-by-step guide

While there is some fear across different industry sectors around the increased reliance on automation, artificial intelligence and technology, the short answer is No. Automated accounting will never replace the accountant, who brings significantly more value and expertise to a company. Plus, you’re less likely to have to deal with the challenges that come with […]

What Is A Good Debt-To-Equity Ratio: An Investor’s Guide

It’s useful to compare ratios between companies in the same industry, and you should also have a sense of the median or average D/E ratio for the company’s industry as a whole. Additional factors to take into consideration include a company’s access to capital and why they may want to use debt versus equity for […]

Inventory To Sales Ratio Formula Calculator Updated 2023

Unsold inventory can face significant risks from fluctuating market prices and obsolescence. A decline in the inventory turnover ratio may signal diminished demand, leading businesses to reduce output. Inventory turnover measures how often a company replaces inventory relative to its cost of sales. Average Inventory is the average of beginning inventory and ending inventory. You […]

DACI Model Guide Better Decision-Making Framework

On the basis of such dignity, they have a right to be treated as ends in themselves and not merely as means to other ends. Rights are also often understood as implying duties—in particular, the duty to respect others’ rights and dignity. For important decisions it is worth always keeping a record of the steps […]

Signs It’s Time to Outsource Bookkeeping Services

To sum it up, CPA directories show us a helpful world for both businesses and accountants. They make it easy for businesses to find skilled accountants with incredible features and honest reviews. This is your guide to how outsourced bookkeeping works, its benefits, how to know if it’s right for you, how to outsource, […]

How Much Do Bookkeeping Services for Small Businesses Cost?

It is a vital part of running your business and ensuring success. Christiana Jolaoso-Oloyede writes for media publications, B2B brands and nonprofits. I’m in charge of sending invoices out to their patients, so I look in the system how much we are supposed to be charging them. If you provide a price upfront, then you […]