Counto

FEBRUARY 3, 2024

Improving Cash Flow: Your Key to Business Success In the world of business, what’s more vital than profits? Cash flow. Profits can fluctuate, but your cash flow is the lifeblood of your company, influencing both its present and future well-being. Understanding the factors that affect your cash flow and implementing strategies to optimise it can be the difference between business success and financial struggles.

Financial Statements 52

Financial Statements Invoicing Tax Accounting 52

Accounting Tools

FEBRUARY 3, 2024

What is Floatation Cost? Floatation cost is the expenditure incurred when issuing new securities. It is expressed as a percentage of the total issue price. An issuer must subtract all floatation costs from the total issue price, resulting in a reduced amount of funding from any securities issuance. Floatation cost can be quite high as a proportion of the total proceeds from the sale of securities when the proceeds are not expected to be that large.

Corporate Finance 40

Corporate Finance Accounting Accounting 40

Counto

FEBRUARY 3, 2024

Accounts Payable vs. Accounts Receivable: What’s The Difference? In the world of business finance, managing your accounts payable (AP) and accounts receivable (AR) is vital for maintaining a healthy financial outlook. While these terms may sound similar, they represent two distinct aspects of your financial transactions. In this comprehensive guide, we will explore the differences between accounts payable and accounts receivable, their significance, and how to effectively handle them to en

Accounts Payable 52

Accounts Payable Accounts Payable Accounts Receivable Accounts Receivable 52

Accounting Tools

FEBRUARY 3, 2024

What is a Cash Receipts Journal? A cash receipts journal is a subsidiary ledger in which cash sales are recorded. This journal is used to offload transaction volume from the general ledger , where it might otherwise clutter up the general ledger. The cash receipts journal is most commonly found in manual accounting systems. The concept is essentially invisible in many accounting software packages.

General Ledger 40

General Ledger Bookkeeping Accounts Receivable Accounts Receivable 40

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

Invoicing

Counto

FEBRUARY 3, 2024

Simple Steps to Prevent Payment Delays and Ensure a Healthy Cash Flow As a business owner, you know how crucial it is to receive payments on time. Unfortunately, dealing with delayed payments from clients is an all too familiar challenge. Late payments can disrupt your cash flow, forcing you to borrow money to cover essential expenses. To avoid this situation, it’s essential to implement practices that prevent late payments from occurring in the first place.

AR 52

AR Invoicing Collections Financial Operations 52

Accounting Tools

FEBRUARY 3, 2024

What is a Cash Disbursement? A cash disbursement is the outflow of cash paid in exchange for the provision of goods or services. A cash disbursement can also be made to refund a customer , which is recorded as a reduction of sales. Yet another type of cash disbursement is a dividend payment, which is recorded as a reduction in corporate equity. A cash disbursement can be made with bills or coins, a check , or an electronic funds transfer.

Petty cash 40

Petty cash Accounts Payable Accounts Payable Payroll 40

Counto

FEBRUARY 3, 2024

Managing Accounts Payable for Small Businesses In the world of small businesses and startups, managing accounts payable (AP) is a critical aspect of maintaining a healthy cash flow. It involves handling all of your company’s expenses, excluding payroll , and plays a pivotal role in financial decision-making. In this comprehensive guide, we will delve into what accounts payable means, its importance, examples, tracking methods, and how to set up an efficient system.

Accounts Payable 52

Accounts Payable Accounts Payable Management Accounting Accounting 52