Five Steps to Regaining Control of Your Finances
Gaining control of your finances is possible with these five steps. Because the steps are based on the Model for Self Motivation, they not only help you regain control, but also help you stay motivated to succeed.How to Select a CPA: Things to Consider When Choosing a Professional Accounting Firm
Choosing the right accountant firm can make or break your finances. But with just a little research, you can be sure that you hire a professional who is well-suited to provide you with quality, customized money-management services.Channels Used to Provide Transactional Services by Banks
A very important management strategic decision for banks is the channels that are to be used to provide transactional services. Banks ensure transactions are handled in the most profitable way for the banks and convenient way for their customers. The Banks consider the cost of each decision made as it impacts on their bottom line. The three channels considered in this article are Bank Branch network, ATMS and POS.Things You Should Know About Selling Gold
We all know that gold has been traded for a long time ago. It has always been valuable, so selling gold isn’t difficult. In the early years of mankind, gold was used for trade for it signifies royalty and honor.Cash Flow Vs Profit
Too many small business owners spend money because they have a positive bank balance or because they think they have a positive bank balance. This can be a very dangerous practice to the health of their business.Control With Bank Reconciliations
Reconciling the entity’s accounting records with those of their bank provides an important control over banking transactions and confirms the bank balance disclosed in the statement of financial position. The bank statement is, in effect, a copy of the bank’s ledger account reflecting transactions from the bank’s standpoint.Tips for Bank Reconciliation
Bank reconciliation is used to compare and match the accounting records of an organization or individual against the bank records to avoid any possible discrepancies. There will be time differences between the data entered in the computer systems of the bank and the data entered in the system of the individual. Because of this, there will be discrepancies between both account balances.