Accounting

If you’re looking for any way possible to avoid supporting Intuit, then this might be one. Bigcapital (https://bigcapital.ly/) is an exciting, new, free, and open-source software that offers small and medium-sized businesses a variety of automated accounting and bookkeeping actions. At the time of writing, there were 731 stars on…

The accounting industry has undergone significant changes over the years, and one of the most transformative developments is the advent of automation. With technological advancements and the rise of artificial intelligence (AI), automation has revolutionized the way accountants work. …

Home office deductions for small businesses — If you’re a small business owner, you may be eligible for home office deductions on your taxes. This guide will explain the basics of home office deductions and how you can take advantage of them. Getting Started Learning about home office deductions is important for small business owners who work from home. …

Small and medium-sized businesses (SMBs) play a vital role in the global economy, accounting for the majority of new jobs and economic growth. However, SMBs often face challenges in managing their finances. This can be due to a lack of resources, expertise, or time. Bookkeeping and accounting are two essential…

I. Introduction A. Importance of Financial Management and Decision-making in Organizations Financial management plays a critical role in organizations as it involves the efficient and effective allocation and utilization of financial resources. It encompasses various activities such as financial planning, budgeting, financial analysis, and control. …

Developing a custom AI Chatbot for specific use cases — Overview Unless you are living under a rock, you may have played around with ChatGPT or Bard and I am sure you were fascinated by the human-like conversation that these models can generate. You might be thinking about getting access to an API and experimenting for your business use cases. …

Capital investments grow in countries offering lower rates for new ideas. — Based on the research of Lisa De Simone As policymakers examine strategies to jump-start business growth, they often consider the benefits of cutting corporate taxes. Because innovation is key to growth in high-tech economies, one strategy has been to give it a tax break. As of 2022, 21 countries worldwide…

Unleashing the Power of Generative AI (Artificial Intelligence): Revolutionizing Finance and Accounting Operations Welcome to the realm of Generative AI, where innovation takes center stage. In this captivating blog post, we’ll unveil the secrets behind its impact on finance and accounting. Prepare to be amazed by a lineup of cutting-edge…

To tell the truth: All your strategic plans and marketing tactics to grow your SME company will mean nothing if you won’t have enough funds to meet the needs of your daily operations and future financial obligations. …