Data backup and your business

Data backup and your business

Doing business creates a lot of data. Examples include invoices and expenses. You go about doing your thing. Your computer seems reliable and your data appears secure. Then one day, all hell breaks loose. No one expects to lose data, but it happens plenty of times. It...
Accomplish the paperless office

Accomplish the paperless office

You are busy running your business. You want to think about that, not manage paperwork. Without looking, you end up drowning in the stuff. Your office is either full of it, or you are paying lots of money to store it. You then find it is hard to find important...
Accrual accounting: The basics

Accrual accounting: The basics

What is accrual accounting? Accrual accounting is a recording and reporting system that is based on when relevant events (business activity) occur. Relevant events are those that have economic impact or effect.  You always record economic events at the time they...
Purchase orders in your small business

Purchase orders in your small business

Life is often very busy in small business. As a result, you may feel you have no time for anything but the bear essentials. Purchase orders might seem one of these luxuries. On the contrary, they can save you both time and money in managing costs in your business....
Procurement cards or Company credit cards

Procurement cards or Company credit cards

Why use cards? Procurement cards or company credit cards are convenient. Cards are widely accepted. They can be linked to phone payment facilities like Apple Pay and Samsung Pay. Wechat Pay is more used than cash going into the 2020’s in China. Cards excel in...