Today, the whole world is lying under the grip of COVID-19. It's not the health that is suffering the most, but the global economy is also suffering. Different governments around the world have taken severe measures to control the spread of this virus. Countries worldwide are in lockdown; family gatherings are restricted, events are canceled, salons, the hospitality sector is either partially operational or permanently closed....
Read MoreFreight billing is a challenging task to execute. Many experienced professionals working in the logistics and shipping industries know how much hard work is needed to successfully manage the entire accounting outsourcing services process, starting from creating invoices to receiving payments in the logistics industry. What Exactly Is Freight Billing? Freight billing can be explained as a document of a contract between two people, specifically a...
Read MoreAre you a small or medium-sized business owner? Being successful in business largely depends on how smooth your accounting services and commercial activities are. Do you agree? Commercial operation is a technical term. In other words, it is a calibration between business process, people and technology. Together they support the modern movement, which accelerates innovation, business growth, sales and marketing strategy. So that commercial operation works...
Read MoreAccounts Payable can be referred to as the amount that the company owes to its vendors, suppliers, and other parties in exchange for buying raw-materials or using their services. It appears on the firm’s balance sheet as Accounts Payable Balance. Is there a need to dedicate a team in the accounts department for managing Accounts Payable transactions? Some small and large organizations have a dedicated team...
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