Understanding the financial health of a company is essential for investors, analysts, and stakeholders. Financial ratios provide a powerful tool to assess a company's performance, profitability, liquidity, and overall stability. In this article we will delve into the key financial ratios that play a crucial...
Running a business places a wide range of responsibilities squarely on your shoulders. This includes everything from satisfying customer demands to maintaining accurate financial records. While numbers and spreadsheets may not be everyone's cup of tea, monitoring your cash flow and understanding your financial standing...
Unlocking Profitability: The Power of Outsourcing Your Bookkeeping In today's article, we delve into the art of maximizing profitability through the outsourcing of bookkeeping services. Profitability encompasses more than the simple equation of revenue minus expenses. Although it may seem challenging to comprehend how spending money...
This has been in the works for weeks and the launch date is finally here! We are thrilled to announce that PRESAGE has launched a new website at https://www.presagefinancial.com and there could not be a more perfect time to launch it than the fourth quarter when...
It is important to understand the difference in what many people believe are the same function. While bookkeeping and accounting are both essential business functions, there is an important distinction. Bookkeeping is responsible for the recording of financial transactions. Accounting is responsible for interpreting, classifying,...
How do you know if your bookkeeper is good or great? Here are a few attributes that any good bookkeeper must have to be effective: Trustworthy & ethical Organized Possesses strong technical knowledge Is a good communicator Knows what they don't know (refers you to your...
PRESAGE and all of it's bookkeeping staff are Certified QuickBooks ProAdvisor's! A ProAdvisor is a QuickBooks-certified accounting pro who provides strategic insights, expert advice, and guidance that's tailor-made for your business. Your ProAdvisor stays up-to-date on the latest accounting rules so you don't have to. With...
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