BooksTime  ➞  Charles Lutwidge

Charles Lutwidge

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Charles Lutwidge is a writer with a passion for helping small businesses succeed. Having worked at multiple startups, Charles understands the unique challenges that entrepreneurs face. He writes about a wide range of topics, from management to bookkeeping to technology — all with a focus on helping business owners overcome key obstacles to growth.

Email: charles@bookstime.com
Phone: 8889026657

February 21, 2025

Charles Lutwidge
Grocery Store Accounting: Mastering Best Practices

Grocery Store Accounting: Mastering Best Practices

If you own a grocery store, you have many moving parts to deal with. From controlling inventory to forecasting user needs, managing cash flow, and implementing a transparent financial system, managing grocery store accounting on your own can be time-consuming...

Reading Time 5 mins
0 / 5 (0 voted)
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.

February 17, 2025

Charles Lutwidge
How to Prepare for Year-End Accounting: An Expert’s Guide

How to Prepare for Year-End Accounting: An Expert’s Guide

Recognizing the importance of year-end accounting close for maintaining financial health, companies deploy effective approaches and dedicated software to analyze, check, and reconcile transactions. The process is tedious, as accounting teams must focus on the smallest discrepancies distorting the overall...

Reading Time 6 mins
0 / 5 (0 voted)

February 10, 2025

Charles Lutwidge
How to Conduct an Effective Accounts Payable Audit?

How to Conduct an Effective Accounts Payable Audit?

Analyzing accounts payable (AP) helps businesses understand how much money they owe suppliers. Reviewing balance sheets and identifying liabilities facilitates keeping records in order. By deploying dedicated tools, enterprises eliminate issues in documentation and detect strange activities. This facilitates adhering...

Reading Time 7 mins
0 / 5 (0 voted)

February 05, 2025

Charles Lutwidge
Coffee Shop Accounting: 8 Essential Tips for Owners

Coffee Shop Accounting: 8 Essential Tips for Owners

Coffee is the favorite drink of most Americans. Two-thirds (66%) of the country’s residents drink coffee daily. The US coffee market is the largest in the world, reaching $8.1 billion. The average cafe profit margin is 4%, which is the standard profitability...

Reading Time 6 mins
0 / 5 (0 voted)

February 04, 2025

Charles Lutwidge
The Payment Recovery Process Explained

The Payment Recovery Process Explained

Maintaining a stable cash flow is necessary to achieve consistent business growth. Ventures of all sizes strive to implement efficient solutions to enhance their financial stability. Nonetheless, invoices do not always get paid on time. If such issues occur, a...

Reading Time 5 mins
0 / 5 (0 voted)

January 27, 2025

Charles Lutwidge
What Is a Payment Service Provider (PSP)?

What Is a Payment Service Provider (PSP)?

Businesses strive to implement secure gateways to streamline financial transactions and increase profits. Finding a reliable Payment Service Provider (PSP) is a prerequisite to scaling up operations and serving consumers better. Catering to clients’ needs is the only way to...

Reading Time 5 mins
0 / 5 (0 voted)

January 23, 2025

Charles Lutwidge
What is Legal E-Billing?

What is Legal E-Billing?

Manually processing an invoice takes an average of almost 14 days. It is inefficient to spend that much time in today’s fast-paced business environment. That is why small and mid-sized legal firms consider “process automation” and “implementation of new technology...

Reading Time 4 mins
0 / 5 (0 voted)

January 21, 2025

Charles Lutwidge
Difference Between Electronic Transfer and Wire Transfer

Difference Between Electronic Transfer and Wire Transfer

Businesses use various ways of sending payments to suppliers, employees or organizations. Expanding the scope of deals requires them to compare a wire transfer vs electronic transfer to recognize the subtle distinctions between these practices. While both methods are widely...

Reading Time 6 mins
0 / 5 (0 voted)
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