What is depreciation? Depreciation is the gradual decrease in the value of an asset over time due to wear and tear, obsolescence, or other factors that cause the...
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Introduction to financial accounting “Accounting is the language of business.” — Warren Buffett Accounting is an essential business language, as it clearly communicates key financial information to stakeholders....
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What are CapEx and Opex? Capital expenditure (CapEx or capital expenses) refers to the spending of money on assets that have a long-term benefit to the company, like...
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What is a balance sheet? A balance sheet is a powerful financial statement that offers a precise picture of a company's financial status at a specific time. It...
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Virtual CFO When a company is in its growing phase, they need to take control of its finances effectively. The best way to do that is with a...
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Business budgeting When running a business, be it a new or an evolved enterprise, one of the most crucial areas to tackle and take charge of is bookkeeping,...
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Financial modelling It’s important to constantly evaluate your financial situation to handle potential risks and prepare for the future. You must identify cash trends, spot and fix issues,...
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Payment solutions Online payments are a necessity for any business that wants to thrive in the digital age. According to Statista, the global e-commerce market is expected to...
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Vendor payment software It is no secret that the success of your business depends on how well you manage your operations. An efficient company handles its business seamlessly...
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Banking as a Service Can you remember the days when you had to actually go to the bank, withdraw money, and then use that money to make payments?...
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