June 16, 2025
Charles Lutwidge
What is Automated Spend Analysis?
In today’s competitive, fast-paced world, you have seconds to grasp the chance or prevent a danger that could change the course of the firm. You need reliable information that gives you a clear view of the situation so you may...
Delegate your financial records to a highly qualified bookkeeper and forget about bookkeeping stress forever.
June 12, 2025
Charles Lutwidge
What Is Catch Up Bookkeeping
As your small business grows, so do your responsibilities. It becomes increasingly difficult to devote time to different types of work as you concentrate on developing the firm, and tasks such as accounting fall into the background. Maintaining accurate and...
June 10, 2025
Charles Lutwidge
What is EBITDA and Why is It Important?
Interpreting a company’s performance can feel like navigating a maze for business owners. Focusing on specific metrics can sometimes hide the bigger picture of overall financial health. However, some tools offer a remarkably clear and insightful understanding. EBITDA is an...
June 02, 2025
Charles Lutwidge
What is the Cash Conversion Cycle (CCC)?
Cash Conversion Cycle (CCC) makes or breaks the business’s success. It is an illustration of how effectively your business transforms investments into actual money in the bank account. When you put money into inventory or services, there’s a natural flow...
May 26, 2025
Charles Lutwidge
Tips to Prevent Duplicate Payments
The accounts payable (AP) team handles a high volume of financial transactions and administrative tasks daily. Its responsibilities include processing invoices, managing expense reports, maintaining accurate financial records, and more. Many of these tasks are repetitive and routine, especially when...
May 19, 2025
Charles Lutwidge
What is Accounts Receivable in Healthcare?
Getting paid in healthcare isn’t always simple. The billing process can quickly become messy between insurance companies, patient responsibilities, and shifting regulations. That’s where accounts receivable in healthcare come in. It organizes and oversees billing timelines, balances due, and collection...
May 15, 2025
Charles Lutwidge
The Essentials of Bookkeeping for Consultants
Every consulting firm owner recognizes that maintaining an accurate client billing process and promptly collecting payments are crucial aspects of driving business success. Entrepreneurs aim to deliver exceptional consulting services and foster efficient bookkeeping practices. After all, it’s hard to...
May 14, 2025
Charles Lutwidge
What are Accrued Expenses?
Sometimes, businesses have not yet paid or earned money but already have income and expenditures in their balance sheets. Suppose a firm pays utility bills for June in July or ships items to contractors in November, but the cash does...
