Most businesses know what they pay for an hour. Far fewer know what an hour costs them, and fewer still can say which job consumed it. That gap is where...
Payroll is the only monthly process that is at once a tax filing, the performance of a contract and a statutory record. Treating it as data entry is how a...
A leverage covenant can be breached without borrowing a dollar. It breaches because earnings fell — and then it accelerates the obligation at the precise moment the company cannot...
Multi-currency accounting and FX revaluation A business that sells in one currency and pays its wages in another is running a trading position whether it intends to or not. This...
Digital receipt capture and document management Bank statements are a conversion problem. Documents are a custody problem — the invoice exists in a van, a pocket or somebody’s inbox, so...
Bank feeds and automated reconciliation — how they work, and what they do not do Reconciliation is treated as an accounting task. It is data entry with a checking step...
What should a finance department deliver monthly? Finance is the only function in most businesses with no defined output. This article sets out the full schedule — daily, weekly, monthly,...
Virtual accounting services and remote bookkeeping in the Caribbean Proximity in accounting was physics, not preference — four physical constraints that have all since dissolved. This article sets out what...
What happens when your only bookkeeper resigns — and what a handover cannot IN SHORT What leaves with a departing bookkeeper is not the bookkeeping. The ledger stays. What...
Should I hire an accountant or outsource accounting? The vacancy is usually written before the requirement is. This article sets out what a finance function actually consists of, what an...
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