Accounting Services For Startups: Strengthen Your Financial Management April 8, 2024 – Posted in: Bookkeeping

Firms that specialize in this area, like Kruze Consulting, focus on handling all filings, finding tax breaks, and planning for future needs. This proactive approach ensures you stay compliant while keeping more cash in the business to fuel growth. Pre-revenue companies can benefit from services like Pilot with their pre-revenue discount. Accurate Monthly Accounting, Always-On Operational Support Most firms listed here provide expandable services that adapt with your business. Their experienced team uses extensive resources…

Accountants for Chiropractors Business & Tax Advisory January 26, 2022 – Posted in: Bookkeeping

This is usually when your bookkeeper goes on vacation, is sick, or otherwise unavailable. Get free guides, articles, tools and calculators to help you navigate the financial side of your business with ease. Stay up to date with what is new in our industry, learn more about the upcoming products and cash flow events. Technology Solutions (It’s a big deal. If you know Atlanta, you know parking is an adventure!). There are a multitude of…

Average Collection Period: Formula, Examples, Ways to Improve August 24, 2021 – Posted in: Bookkeeping

According to income statement the Financial Executives Research Foundation (FERF) 2024 Working Capital Study, companies maintaining collection periods under 45 days achieve 40% better cash flow management. Understanding the average collection period (ACP) is crucial for businesses as it indicates the efficiency of a company’s credit and collection policies. This metric measures the average number of days it takes for a company to receive payments owed by its customers. A lower ACP suggests that a…