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Getting the entire team involved with tracking KPIs allows the entire company to keep the organization’s goals in mind and really improve business.

Daily Sales Outstanding (DSO) is a calculation used to estimate the average length of a company’s collection period.

Read a few of our favorite blog posts from the past weeks that are related to bookkeeping and small business financial management. August ’13.

You can run a cash flow forecast report in QuickBooks to estimate the cash flow of your business by day, month, or year…

Fraud occurs in the accounts receivable role when a single employee has total control – how will your business stop this?

When you have one or two people doing your books, you are putting your business at a higher risk for fraud. Many small businesses don’t know how to get around this problem. Trust isn’t enough. You may not have the extra money available to hire a controller, and its likely that you find it hard to spend the time double-checking the work your bookkeeper is doing.

There are a lot of different variables to look at in a financial report. Here are a few ways to analyze your labor costs to justify your company’s pricing.

By planning your debt collection phone script, you are more likely to engage in a professional and direct conversation, with a bit more finesse…

A more frequent and effective billing process has the potential to improve your cash flow by aligning clients’ payments with your service related expenses.