What is a Profit and Loss Statement?
The Profit & Loss statement or P&L is an account compiled to show a business’s revenue, expenses, and net income over a given period of...
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Jun 10, 20215 min read
Tips on Improving Accounts Receivable Processes
The ability to effectively manage your account receivables (AR) is a prerequisite for running a successful business. It is unfortunate...
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Jun 3, 20214 min read
How Does a Construction Company Improve Its Accounts Payable?
In the construction industry, the value of correct accounts payable and other accounting records cannot be underestimated. These expenses...
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May 23, 20213 min read
5 Tips To Boost Your Accounts Payable Processes
As a result of an inefficient AP process, companies may accumulate late payment fees, make duplicative payments, or fail to pay invoices...
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May 18, 20217 min read
9 Most Common Causes of Cost Overruns in Construction Projects
It's crucial to consider the source of cost overruns in building projects before figuring out how to deal with them.
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May 13, 20214 min read
How To Manage Your Accounts Receivable More Efficiently amid a Crisis?
Since the COVID-19 pandemic happened, businesses all over the world have experienced a lot. Appropriate accounts receivable management becom
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May 9, 20214 min read
Top 6 Reasons Lawyers Lose Financial Control
This article highlights critical accounting challenges that lead lawyers to lose financial control in law practices , emphasizing the...
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