KYB Today

                                               

07 Nov The Benefits of Cloud-Based Accounting

In a previous post, we shared some information about cloud-based accounting, what it is, and its growing usage. Because at KYB we experience first-hand the advantages it offers, we’d like to also share some of the specific benefits businesses can expect when using cloud-based accounting.

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18 Oct What Is Cloud-Based Accounting?

The changes that technology has brought to business are pervasive, affecting aspects from how you communicate with vendors, to how customers can pay for goods and services. Technology has also enabled a new way for business owners to handle their accounting: in the cloud.

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28 Sep Understanding Cash Flow Statements and Why They Matter

Posted at 08:30h in

Business Tips, Bookkeeping & Accounting

by KYB Blog  •  0 Comments

The cash flow statement (CFS) is one of the three financial reports generated by businesses to gauge financial position, health, and efficiency. It details the amount and timing of cash flowing into and out of a business, and uses data from the profit & loss (P&L) statement and balance sheet. Today’s post will give you an overview of what the CFS is, what you’ll find in the report, and how you can use it for making smarter business decisions.

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06 Sep Balance Sheets 101 For Business Owners

Posted at 08:30h in

Bookkeeping & Accounting

by Becky Brown  •  0 Comments

In addition to the profit and loss statement (P&L) and cash flow statement, balance sheets are one of three key financial statements businesses use to gauge their health and efficiency.

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20 Jul Business Owners' Guide to Understanding Income Statements

Posted at 08:30h in

Business Tips, Bookkeeping & Accounting

by KYB Blog  •  0 Comments

An income statement (also commonly known as a profit and loss [P&L] or earnings statement), answers a very important question: Is your company profitable? The accuracy of your P&L is critical to ensuring your business is running as efficiently as it could be and to identify opportunities for increasing revenue and/or decreasing costs.

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