Business is not all about the idea and the money you invest. A secret to the success of every business is double-entry bookkeeping. Double-entry book keeping or double-entry accounting has …
Different types of sample transactions
Transaction is an agreement carried out between a buyer and a seller and it is the exchange of an asset or product for a particular amount or for another asset. …
Basic accounting principles for SMEs
While there is no definite list of basic principles of accounting that are definitive, few, accounting principles will encourage a uniform level of quality amongst accounting professionals to provide a …
Choosing a domain name for your business
It’s a dream come true for a few entrepreneurs who put thought and research into naming their new born business. No matter what type of venture you’re setting up, the …
Steps to design an SME accounting process
Small and medium enterprises (SMEs) consider accountants as a very important part of their business. There is a massive amount of pressure placed on an accountant because, to run an …