Why Cashbooks Are the Best Bookkeeping System for Small and Micro Businesses As a small or micro business owner, managing finances can be overwhelming. The solution? Cashbooks. Cashbooks offer a simple, efficient, and cost-effective way to track your business’s cash flow, profitability, and expenses. In this article, we’ll explore why cashbooks are the best bookkeeping system for yo
Why Small Businesses Don’t Need Accountants With eCashBooks Small businesses don’t need accountants when they use smart, simple tools like eCashBooks. This blog explains how cashbooks software helps you handle your own bookkeeping, save money on accountant fees, and keep your business financially healthy — without needing an accounting background. Bookkeeping Made
Sure, I can explain that in simple terms. Why it’s important to know when invoices are overdue: Cash Flow: Knowing when invoices are overdue helps maintain a steady cash flow. If payments are late, it can disrupt your ability to pay your own bills or invest in your business. Financial Health: Overdue invoices can indicate issues with your financial health. Too many overdue i
We need Bookkeeping, what's the downside of Using Spreadsheets? You need Bookkeeping to check on how well, how bad or how indifferent your business is going. Bookkeeping involves recording and organizing all financial transactions, which is crucial for tracking expenses, preparing tax returns, and making informed business decisions. Why Using Spreadsheets for Bookkeeping is a Bad Idea
Get business smart in the easiest way possible. It can be confusing forsmall businesses, micro-businesses, and home-based businesses when choosing the right software. The need for a simple, intuitive, and effective bookkeeping tool goes without saying. That’s where eCashBooks comes in. eCashbooks is not for medium and big business. No complex ledgers, no complex multiple screens, an
Effective Bookkeeping has many, many, many Benefits I don't know about you, but bookkeeping seriously sucks. It'soften viewed as a mundane task, a necessary evil. Unfortunately, you actually need it. So the simple and most easiest way to get it done in limited time is what you need to be looking for. Bookkeeping is the control tool of the "seat of your pants" management which
Simplified Bookkeeping for Solopreneurs As a solopreneur, you’re a one-person show, juggling multiple roles. While bookkeeping might seem daunting, especially if you’re not keen on learning the nitty-gritty of debits and credits, it’s essential for tracking your business’s financial health. But don’t worry, you can still get valuable insights without diving i
Knowing Your Charge Out Rate: A Key to Profitability If you employee people and charge them out at an hourly rate then you need to determine that your charge out rate is actually being recovered and adds to your bottom line. Having awareness of this measure will ensure you are not underpricing your jobs and actually contributing to your overall profitability. Make sure you're just not
Accounting vs Bookkeeping vs Cashbook: Which is better depends on your business. What are accounting, bookkeeping and cashbook? Accountingis the process of interpreting and presenting financial data to business owners and investors. Accounting involves tasks such as preparing financial statements and reports, creating budgets and tax returns, and analysing business performance¹².