Category Archives: Accounting

Bad Paperwork and Workflows

Bad Paperwork and Workflows     Lately my accounting firm just Onboarded a new client, and managed to close the accounts of a business for its fiscal year end accounts, after 3 months of sorting out the past paperwork! This company hired a virtual assistant (VA), based in the Philippines to help out with the…
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Monthly Finance Care (MFC)

Monthly Finance Care (MFC)   Good News ! Corporate BackOffice (CBO) just launched a Value-for-Money Service, called Monthly Finance Care or "MFC" in short. MFC shall Comprise the following power-packed 8 value services : 1. Monthly Bookkeeping Services comprising organizing and instilling Discipline in Workflows, Document Flows, and System Flows, to ensure no "Garbage-In, Garbage-Out"…
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Outsourced Accountant Who Makes A Difference To Business Owners

Outsourced Accountant Who Makes A Difference To Business Owners       Does your outsourced Accountant tell you any of these after processing your monthly accounts : 1. You are running out of cash in 3 months' time! 2. Looks like you are over-staffed! 3. Your Material Wastes are way too high! 4. Your Order…
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9 Points You Need To Know About GMV Or Gross Merchandise Volume

9 Points You Need To Know About GMV Or Gross Merchandise Volume¬†     There are some confusions in the reporting of and accounting for GMV for a company selling its own products online vs a company which is a reseller providing an online reselling platform collecting a fee for the product sold on its…
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