When cash outflow is not expensed entirely in the month of its occurrence, there could be various reasons. Insurance, dues and...

Fixed assets on a Balance Sheet are not exactly fixed. A laptop is mobile, and so is a tablet or a high-end smartphone. Vehicles when...

For corporations, December may not necessarily be year-end. If you would like to sync your fiscal year and calendar year, in order that...

If you were to ask what bookkeeping, budgets, cash flow management and tax have in common, the bottom line is numbers. What the numbers...

Image courtesy diyprojects.ideas2live4.com It’s almost August. We’re in the midst of summer. And we’re off to the races. Those who...

The fiscal year of businesses does not necessarily coincide with the calendar year. Whether or not our fiscal year ends in a week, (less...

The Oxford English Dictionary defines strategy as “a plan of action designed to achieve a long-term or overall aim”. Strategies can be...