In this era of rapidly growing technology, robotic process automation (RPA) is turning out to be one of the most exciting concepts. RPA helps enterprises to transform business processes by aligning the accounting software or a bot to perform time-consuming, laborious tasks. Accounting processes like accounts receivable (AR) and accounts payable (AP) are essential for the…
Why Small Businesses Need To Master Bookkeeping All small business aiming to make it big need bookkeeping. However, many find it daunting as bookkeeping can be time consuming and make you lose focus from other core areas of your business. Businesses from all walks of the industry like small traders, retailers, restaurants, etc. need bookkeeping…
Acquiring a credit card can be difficult when you’ve recently moved to a new country and don’t have a local credit history. Most of the credit card companies must review applicants’ credit, and without a credit history, you might be denied credit even if you’ve always paid your bills on time. However, that’s not always…
The New Year is not far, the time to make resolutions. The most common resolutions are to lose weight, give up smoking, get organised, travel more, and read more, but a few people resolve to be on top of their spending. Finance has always been a concern among people. After the holiday season, many of…
The exterior doors in your home say so much about the people living in the house. However, choosing a front door that matches the architectural style, improves the curb appeal of your home, and enhance the security of your home can be a difficult undertaking for most homeowners. Since the type of entry door can…
The incorporation of Artificial Intelligence in the financial industry has changed the business landscape in more than one way. This post is going to portray some of the most popular usages of AI in finance. Credit scoring laid out by Artificial Intelligence is based on more intricate and urbane rules, especially when compared to those…
Each year, billions of dollars are owed to healthcare providers, government, credit card companies, and utility companies. Customers fall behind with their payments and inhibit you from collecting revenue due to various reasons, such as loss of employment, poor health, or mediocre customer service experience. So, here are 15 debt revenue recovery tips, including some…
Small business owners don’t have time to waste on tasks that other people could do just as well. As the leader, your days could be better spent finding new clients and building up your business than mucking around in the administrative weeds. While you may not have enough cash on hand to hire someone new…
Comprehensive Guide to VAT Prepared by Our Specialist VAT Accountants What Is VAT? Experts such as VAT Accountants will confirm that value-added tax (or VAT) is the consumption tax that is always imposed on products when the value is added from the manufacture up to the sale of the product. In some countries, this…
Understand Your Tax Responsibilities If You Are Leaving the UK to Work or Live Abroad As a law-abiding citizen of the UK, you have a primary responsibility to pay the correct amount of taxes on time to HM Revenue & Customs every tax year. You can do this yourself or by hiring a specialist Tax Accountant. If you are planning…