Monika Gola
Posted in Accounting

Powerful benefits of financial planning in business

Running a business has never been easy for businessmen. The major concern in any business is the money related matter and financial planning. Whether you’re a small business or large, a proper financial planning requires efforts, data, and proper imagination. Why business focuses on a proper FP as it keeps the business on track which […]

Monika Gola
Posted in Accounting

What should be objectives of a finance team?

Having an objective is important for any size of the business.  Whether you’re running a small business, medium, or large one, setting objective is crucial. Based on the type of company, objectives can be set differently. Likewise, objectives should be different for a finance team in an accounting firm. If you’re running an accounting firm […]

Monika Gola
Posted in Business Tips

Importance of financial management in business

Financial management is not a new norm. It was also there during the time of king and kings; it is here in the time of digitization as well. That means managing business finance is crucial to keep the business on track. If you see every business runs after managing their finances but aren’t serious for […]

Monika Gola
Posted in Transactions

How Small Business Can Take Benefit from Cash Flow Management?

Let me start this article by asking you a question – what do you do to keep your business healthy and prosperous? Believe it or not, but a good health of any business depends upon its finance. If you have a proper eye on your business finances, you can have a secure business future. There […]

Monika Gola
Posted in Transactions

The Best Time for Start-ups to Hire Small Business Tax Accountant

Have you just started your business? If yes, how you’re going about managing it. Well, after setting up a business, businessman still needs someone who can advise them in their financial matter. Same way you may also be seeking for someone who can advise you in financial matters. They can be related to anything be […]

Monika Gola
Posted in Bookkeeping, Business Tips

Do you know about the types of financial management?

Whether you run a small business or large, one thing you have to focus majorly on is financial management. As a company, you maintain various financial related activities such as hiring employees, loan approval, credit lines, building customer’s relationship, making company’s credit rating, adjustment in budget, managing cash inflow & outflow, risk management, etc. Well, […]

Monika Gola
Posted in Accounting

Is there any difference between Accounting and Bookkeeping?

Accounting and bookkeeping are two terms that are used interchangeably in financial industry. But the reality is these terms are different from each other. Nevertheless, people get confused and keep on using them in a wrong matter without even knowing the proper meaning.  If you’re also doing this then you’re making a mistake. Being in […]

Monika Gola
Posted in Bookkeeping

What are the ways to choose perfect Bookkeeping Software?

Financial management is important if you have a business. Do you agree? For maintaining financial records of the business, businesses use bookkeeping software, right. Though there are dozens of software available in the market, this creates problems for one who finds it difficult to choose the perfect bookkeeping software. Well, I am not here to […]