Bookkeeping

From fields to markets: the role of digital platforms in West Africa’s agricultural success

The project has also provided irrigation for over 62,000 hectares of land with beneficiaries reaching 128,000 households. In Yemen, a project improved agricultural infrastructure by restoring 608 hectares of farmland and upgrading 16.6 kilometers of rural roads. It built water harvesting structures and refurbished 17 wells, benefiting over 1 million people through 90 small-scale projects …

From fields to markets: the role of digital platforms in West Africa’s agricultural success Leia mais »

Manufacturing Accounting: The Ultimate Guide 2024

You can corner the market by designing personalized treats for your customers, as opposed to them just getting a generic pumpkin pie from the supermarket that some large-scale, faceless manufacturer produced. This means that manufacturing products can be mass-produced or customized as one-of-a-kind items. Are you someone who lies awake at night, being pestered by …

Manufacturing Accounting: The Ultimate Guide 2024 Leia mais »

What is Horizontal Analysis

These ratios provide a snapshot of various aspects of a company’s performance, liquidity, solvency, and profitability. In the context of horizontal analysis, which involves comparing financial statements over time, understanding key financial ratios becomes even more critical. Financial statement analysis can be used to evaluate a company’s liquidity, solvency, profitability, and overall financial position. Analyzing …

What is Horizontal Analysis Leia mais »

Horizontal Analysis: How to Spot Financial Trends Over Time

For example, a company’s management may establish that the robust growth of revenues or the decline of the cost of goods sold as the cause for rising earnings per share. By exploring coverage ratios, interest coverage ratio, and cash flow-to-debt ratio, horizontal analysis can establish whether sufficient liquidity can service a company. Horizontal analysis can …

Horizontal Analysis: How to Spot Financial Trends Over Time Leia mais »

The Eight Best Self-employed Accounting Software

Of course, private finance is private so one person’s experience might differ from someone else’s, and estimates based on previous efficiency do not guarantee future results. As such, our recommendation might not apply directly to your individual scenario. We are not financial advisors and we advocate you seek the assistance of with a financial skilled …

The Eight Best Self-employed Accounting Software Leia mais »

Collection Of Accounts Receivable: Strategies, Journal Entries, & AR Collection Process

Providing a payment plan is better than not receiving payment, and you help maintain that client relationship for when their business picks up again. Incorporating a payment plan with online tools helps you keep track of the payment status. Other options include adding a card payment system and an online payment processor. Some small businesses …

Collection Of Accounts Receivable: Strategies, Journal Entries, & AR Collection Process Leia mais »

Gross Meaning and Definition with Examples and Synonyms

Gross profit might suggest strong performance, but companies must also consider “below the line” costs when analyzing profitability. It can be limiting since it only takes into account the profitability from COGS and not additional relevant data, such as rising material costs or labor shortages. For example, a low gross profit in a service company …

Gross Meaning and Definition with Examples and Synonyms Leia mais »