The Difference Between Bills,  Invoices and Statements

The Difference Between Bills, Invoices and Statements

As a business owner, invoices are sent to customers who are not paying immediately after a job has been completed or a service was provided. Customers will be paying at a later time and an invoice is sent to break down the cost owed to you. A bill is money owed to a...
Presenting financials

Presenting financials

After carefully tracking and accounting for all transactions, a presentation of the financial statements helps business owners stay on top of their financials. It is helpful to start with the balance sheet, move on to the income statement, and end with your cash flow....
Cash Management

Cash Management

Small business owners need to pay special attention to their cash on hand. Your financial team will help you with the cash management of your business. Cash management includes monitoring and reducing the length of accounts receivables, increasing collection rates and...
What does Financial Management Services Include?

What does Financial Management Services Include?

Financial management is one of the most important aspects of your business because it is how you will make all of your business decisions. Financial management consists of: Accurate bookkeeping Separate accounts to track your business Clear policies/procedure Business...
The Purpose of Financial Statements

The Purpose of Financial Statements

Financial statements are the way that you can track the performance and changes of your company or organization. Regardless of the type of business or nonprofit you are running, there are many different people that would be interested in the financial statements...