Category: Bookkeeping

Let’s delve into the world of Singapore’s best accounting and bookkeeping services, essential partners for companies aiming to thrive in this dynamic economic landscape. The business began by offering audit services to small and medium-sized organizations (SMEs), filling the service gap between the four multinational audit firms and smaller audit firms in Singapore, when it […]

In both cases, they have to pay interest to their creditors as well as bondholders. By contrast, debt and equity issuances are shown as positive inflows of cash, since the company is raising capital (i.e. cash cash flow from financing activities proceeds). And if you agree to any short-term borrowings, you’ll have an accurate tally […]

The cost of raw materials can fluctuate based on the amount of material purchased and the current price of the materials at the time of purchase. The price of these materials may also include shipping costs, so buying in bulk can be a way to cut down on expenses. Manufacturing costs are a critical factor […]

Proper record-keeping is essential for accurate financial reporting and analysis. When your company, which will be the payer, makes a credit transaction, it records an entry to accounts payable, while the payee records an entry to accounts receivable. And when your AP system is coupled with procurement in a procure-to-pay software solution, like PLANERGY, the […]