If you want to know how your company is doing then you DO NOT need to read the Balance Sheet. Instead you should read the Income Statement. The Income Statement measures “performance” during a specific period of time (a month,…
As Eeyore, Winnie the Pooh’s pessimistic grey donkey friend once remarked: “They’re funny things, Accidents. You never have them till you’re having them.” As many a small business owner knows Cash Flow Crisis do happen and unfortunately many times we…
QuickBooks Online is a cloud-based financial management software designed for small and medium-sized businesses. It provides a range of accounting tools that help businesses manage their finances, track expenses, create invoices, and generate reports. With QuickBooks Online, businesses can connect…