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August 18, 2025

Charles Lutwidge
What is a Business Credit Card?

What is a Business Credit Card?

Running a firm is rewarding but comes with its share of financial challenges. Controlling firm expenses, monitoring invoices, and ensuring a transparent cash flow may be difficult. Many of these complications might be solved if you understand what is a...

Reading Time 6 mins
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Never Worry About Your Bookkeeping Again
Never Worry About Your Bookkeeping Again

Delegate your financial records to a highly qualified bookkeeper and forget about bookkeeping stress forever.

August 11, 2025

Charles Lutwidge
What is a Departmental Budget?

What is a Departmental Budget?

The financial planning process of a company starts with the daily financial discipline practiced within each department. A departmental budget, though often overlooked outside boardrooms, serves as a vital financial outline. Rather than existing in isolation, these budgets must be...

Reading Time 6 mins
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August 06, 2025

Charles Lutwidge
What is a Corporate Purchasing Card or P-Card?

What is a Corporate Purchasing Card or P-Card?

A corporate procurement card (commonly called a P-Card) is a financial instrument that helps a company pay for business expenses in a faster, more manageable way. It empowers a trusted team to make work-related purchases using company money without the...

Reading Time 5 mins
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July 28, 2025

Charles Lutwidge
Why Healthcare Businesses Need Accounts Payable (AP) Automation?

Why Healthcare Businesses Need Accounts Payable (AP) Automation?

In healthcare bookkeeping, managing accounts payable (AP) is among the most resource-draining tasks. When done manually, it not only eats up staff time but also increases the risk of payment delays and compliance issues, ultimately affecting the entire workflow. However,...

Reading Time 5 mins
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July 24, 2025

Charles Lutwidge
Best Ways to Pay International Contractors

Best Ways to Pay International Contractors

Working with globally distributed professionals opens the door to new professional backgrounds and particular skill sets. But when it comes to payments, things get tricky. Firms’ owners deal with ever-changing exchange rates and complex compliance. Handling international contractor compensation requires...

Reading Time 7 mins
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July 21, 2025

Charles Lutwidge
The Complete Guide to Procurement Automation

The Complete Guide to Procurement Automation

Procurement professionals have always dealt with complex datasets, from internal spending patterns to external market conditions and supplier profiles. As the volume of information grew, so did the chances of human error, which pushed teams toward procurement automation. At first,...

Reading Time 6 mins
0 / 5 (0 voted)

July 14, 2025

Charles Lutwidge
Business Travel Expense Reimbursement Explained

Business Travel Expense Reimbursement Explained

Travel expense reimbursement is often seen as a matter of collecting receipts, but forward-thinking business owners and finance teams know it starts with building a clear system that supports the traveler and the back-office staff. When employees travel to meet...

Reading Time 5 mins
0 / 5 (0 voted)

July 07, 2025

Charles Lutwidge
What Are Trade Payables?

What Are Trade Payables?

Any growing company benefits from strong relationships with counterparties, and trade payables are an important part of the strategy. These are short-term commitments to your counterparties. Partners ship you the desired materials and commodities, and you must pay within a...

Reading Time 6 mins
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What is a Business Credit Card?What is a Departmental Budget?What is a Corporate Purchasing Card or P-Card?Why Healthcare Businesses Need Accounts Payable (AP) Automation?Best Ways to Pay International ContractorsThe Complete Guide to Procurement AutomationBusiness Travel Expense Reimbursement ExplainedWhat Are Trade Payables?What is Statutory Reporting in Accounting?What is Blockchain in Accounting?What is Automated Spend Analysis?What is EBITDA and Why is It Important?What is the Cash Conversion Cycle (CCC)?Tips to Prevent Duplicate PaymentsWhat is Accounts Receivable in Healthcare?What are Accrued Expenses?Role of Artificial Intelligence (AI) in Accounts Payable AutomationWhat Is Multi-Entity Accounting?Benefits of AP Automation for Manufacturing CompaniesAutomating AP Operations with AI Invoice ProcessingWhat Is Invoice Matching?Key Differences Between Accounts Payable and Notes PayableWhat Is a Performance Budget?How Cost Control Can Help Businesses Reduce Their Expenses?What are 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why it's Important?What is IRS Form 1040What are Notes Receivable in Accounting?What are Asset Disposals?The Purpose of the W-9 FormHow to Hire the Right BookkeeperHow to Сalculate Shares Outstanding in Accounting?What is a Schedule K-1 Tax FormWhat are Trade Receivables in Accounting?Best Free Accounting Software for Small BusinessWhat are net terms?Stocks and Bonds: The DifferenceHow to Calculate Commission in AccountingWhat are Management Assertions?How to Balance Purchase LedgerTotal manufacturing cost: What is it and how to calculate itWhat Is the Difference Between Gross Sales and Net SalesWhat is Full Time Equivalent (FTE)Markup vs Margin: What’s the difference?Accounting Journal Entry for DepreciationWhat is the Contribution Margin Income Statement?What are the Advantages and Disadvantages of forming a Corporation?What are Temporary Accounts?What are Period Costs?What is Cash Flow from Financing Activities (CFF)What are Reorder Points and how to calculate ROP?What is a Master 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Explanation and ExamplesDirect vs Indirect Cash Flow Statement Preparation MethodsAccumulated Depreciation Explanation and Calculation ExampleProcess Costing Explanation and ExampleWhat is Net Realizable Value? How to Calculate NRV?Simple Explanation of SG&A ExpensesBreak Even Point: What is it and Why is it important?Cost Principle Definition and Role in AccountingA Simple Guide to Payroll AccountingWhat Does Goodwill Mean in Accounting?Introduction to Pro Forma Financial StatementsMeaning and Example of Credit MemoActivity-Based CostingStandard Costing Meaning and How It WorksPlant Assets: Explanation and ExamplesHow to Calculate Sales Tax: Step-by-Step GuideExplanation of Cash Flow and Its ImportanceOutstanding Checks: Definition and How to deal with themMatching Principle: Definition and ImportanceWhat is a Chart of Accounts?Conversion Costs: Meaning, Formula, and ExampleWhat is the Cost of Goods Sold? 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