How to start accounting for a start-up?

Accounting work starts with Cash Book and the procedure to use it.   If you are running a small business and want to use the manual method, enter all the transactions in a cash book or use Excel spreadsheets. A cash book has two sections: making payments is called debt, and receiving […]

Spread the love

What do we mean by internal control?

What do we mean by internal control cost and firm value? Internal control applies to accounting first; let me discuss maintaining internal control in any business. You understand the business will have many expenses, so when you start the company, you must forecast the costs and prepare your budget showing possible […]

Spread the love

Is negative cash flow in business a good thing?

Is negative cash flow in business a good thing? Let me explain what is cashflow to you first. A cash flow is usually a projection of all the income and expenses of a business, generally for one year. Besides, the capital introduced also added to the cash flow. So, when you […]

Spread the love