8 strategies to streamline month-end close

Ah, month-end close…that unavoidable time of the month that accountants dread. If you’re lucky enough to be unfamiliar, month-end close is the process of reviewing, reconciling, and closing the books at the end of each month to ensure accurate financial reporting and compliance. It’s a recurring challenge, demanding precision and unwavering attention amidst a whirlwind of activities. In this guide, we help you get rid of the monthly doom and gloom by breaking down eight strategies to streamline month-end close.

Situational analysis: how to perform this crucial business research step

A successful businesses don't just rely on gut feelings — they take their time, carefully assessing the big picture and making a plan before changing direction. This is where situation analysis comes into play.

In this article, we’ll take a look at what situational analysis is, why it’s important, and what you need to do to conduct one.

Debit vs. credit accounting: your business’s complete guide

In the world of accounting, few concepts are as fundamental as the dynamic duo of debits and credits.

Here, we break down debit and credit accounting so you can master financial management, keep your books balanced, and see your business thrive.