10 min read According to eMarketer, global e-commerce retail sales are expected to surpass $5 trillion for the first time in 2022, representing more than 20% of total retail sales. Despite a slowdown in growth, overall spending is projected to reach $7 trillion by 2025. Is your e-commerce business growing but not seeing the […]
Category Archives: Bookkeeping
Today, businesses rely on accounting software to keep track of their finances, anticipate sales, and manage inventory, rather than paper ledgers or Excel sheets. The technology offers several benefits, including reducing the risk of human error, providing access to critical data, and offering the ability to automate payroll and tax compliance. However, choosing the best […]
Bookkeeping refers to the process of systematically recording all the financial transactions that a company undertakes. It is a subset of the accounting function that involves various activities such as recording transactions, listing debits and credits, maintaining and balancing ledgers, generating invoices, and completing payroll. Bookkeeping is clerical in nature and is indeed […]
Cloud accounting is not just a buzzword anymore. It has been recognised as the most efficient way for companies – large and small – to keep their books of accounts in order. At its simplest, the cloud helps you automate bookkeeping tasks and store all your data safely for any time, anywhere access. And […]