Every bookkeeper knows that when a company has adequate cash flow, it provides multiple opportunities to lower operating costs. Early payment discounts offered by vendors can be taken advantage of. Lines of credit are accessed less often, decreasing their related interest expense. Cash purchases of assets can save money on financing. A healthy cash flow also creates a strong financial statement for your business when negotiating rates with your banker.
There is no denying that managing the financial end of a business takes some effort. Thanks to Intuit and QuickBooks.
Our clients don't worry about tips for using QuickBooks because they know we're on top of it for them. However, since.
The beginning of August is always bittersweet. As we head into the final month of summer, we feel the urge to relish.