Just as language expresses the mind by organizing words neatly and clearly, accounting does the same by accurately and beautifully recording all transactions in the book of accounts. Learn all about why accounting is called the language of business. Read more
Registration comes as part of the process of establishing a business in any part of the world. If you are new to the process of registration it may seem quite daunting. Here is a breakdown of the steps you need. Read more
Are you looking to cut your tax bill this year? Learn the best tips and tricks to lower the tax you owe this year in this easy guide. Read more
The 2021 tax season has ended in a unique fashion which featured a series of unclear situations. As the dust settles, the 2022 tax season is beginning with brand new battles for accountants. So, how can you prepare? Learn how in this guide. Read more
When you receive a tip as an employee or employer, you are mandated to pay taxes on this additional income. Tips come in different forms, from cash to electronic payments. Learn when you need to pay taxes on your tips, and how to pay them in this simple guide. Read more
Bank reconciliation is the process of comparing the records of your company’s ledger to those of your bank. This process helps to determine whether there are any differences between the two financial statements. Learn how to reconcile your bank account and why it is so important in this guide. Read more
Create a payroll system that meets your needs by reading this guide. We will explain what payroll is, why it's important, how to set up your own payroll system, and much more. Read more
Hiring an accountant is a big step for any business. For some, in fact, it can feel like one of the moments that turns an idea or a small venture into a real business. Nevertheless, for a lot of small or growing companies, hiring someone in this kind of role is virtually inevitable. Here are four signs it might be time for your business to make the hire. Read more
Top business owners advise the use of separate bank accounts for business purposes. If you are starting small, you may wonder if there is a need to create a bank account just for your business. Learn why a business bank account is crucial for your company in our guide. Read more
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