Expertise Accelerated’s Post

Learn the basics of retail accounting for small businesses, including key concepts, financial metrics, and examples to streamline finances and boost decision-making. Boost your financial game today! #expertiseaccelerated #accountingservices #retailaccounting #finances #sme

Lots of helpful information in this great article from Becca Durrant. Saffery have a dedicated Cloud Accounting team to advise our clients on their digital transformation journey, fee free to reach out to us if you are looking for help!

So what’s the difference between accrual basis and cash basis accounting? 🤷♂️ When we broach the subject of accrual basis accounting, the eyes of founders and CEOs often glaze over. Why compare one accounting method against another (yawn) when the current method seems satisfactory? Because cash basis accounting offers a restricted perspective on financial transactions. Learn about the many similarities and differences of these accounting methods and which would potentially work best for your business in our updated blog 💰 #cashbasisaccounting #accrualbasisaccounting #businessaccounting #outsourcedaccounting #preferredcfo #fractionalcfo #virtualcfo

Having a finance function that is fit for purpose is so important in today's market so I really enjoyed writing this article about something I am so passionate about! Take a read of this latest Saffery piece if you would like to learn a little more on how an optimised finance function can reap benefits for any business. #financefunctionoptimisation #efficiences #Saffery #CloudAccounting

With the world of technology nowadays, software can quickly become outdated or under-utilised because of product improvements. Becca’s article below details out how Saffery can help. #saffery #cloud #accountingsoftware #financefunction

When it comes to finance, there are a lot of options available for small businesses. To help you make the best decision for your business, we've compared the top finance platforms currently available. #SME #BusinessNews #Topfinanceplatforms #SMEfinanceoptions https://lnkd.in/gSWYzjWf

As a business owner, achieving financial clarity and success is essential. This can be achieved by understanding and implementing the right accounting method. The two main methods, cash-basis and accrual, significantly impact how you report transactions. Therefore, it is crucial to choose wisely. Discover the significance of these methods and determine which is best for your business's growth and financial management. #AccountingMethods #FinancialClarity #BusinessSuccess

Learn how to select the best accounting method for your business by comparing cash and accrual approaches. This guide outlines the key differences, advantages, and considerations to help you make an informed decision that aligns with your financial goals. . . . #TFP #AccountingMethod #AccountingServices #RightAccountingMethod #TheFinoPartners

Choosing the right accounting method is crucial for your business. It helps you assess your financial situation accurately and make better decisions. https://lnkd.in/gWXqqdja 

Cash vs. Accrual Basis Cash and accrual accounting are two fundamental methods for recording financial transactions. Understanding the differences between these methods is crucial when exploring the topic of Cash vs. Accrual Basis. Cash accounting records income and expenses only when the business exchanges cash. This approach reflects the actual cash flow, making it simple and easy to manage. Small businesses often prefer this method due to its straightforward nature. https://lnkd.in/ePy7fvsn #Accounting #CashAccounting #AccrualAccounting #SmallBusiness #FinanceTips #BusinessStrategy