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KYB Today

                                               

23 Jan Questions You Should Be Asking Your Bookkeeper About Your Financial Statements

Posted at 10:03h in

Business Tips, Bookkeeping & Accounting

by KYB Blog  •  0 Comments

In a recent post we talked about why financials statements matter to your business, and how to leverage them properly, so today we want to follow up that post by providing some specific questions your bookkeeper and/or accountant should be able to answer about these important reports.

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07 Dec 5 Tools We Couldn't Live Without as Remote Bookkeepers

Posted at 08:30h in

Business Tips, Bookkeeping & Accounting

by KYB Blog  •  0 Comments

Technology has enhanced the way businesses run and has elevated the efficiency that accounting can provide. Software makes managing and tracking financial transactions a breeze. With cloud-based tools and extra layers of security, business owners, bookkeepers, managers, partners, and employees can all leverage up-to-date financial information in real time. However, the benefits are best realized by utilizing a number of tools for accounting in conjunction with one another to fully streamline and optimize every process.

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29 Nov Signs That It May Be Time to Evaluate Your Books

Posted at 08:30h in

Business Tips, Bookkeeping & Accounting

by KYB Blog  •  0 Comments

Whether you’re working with a remote bookkeeper or have someone internally handling your accounting needs, it’s imperative that as a business owner you’re watching for red flags that could signify trouble ahead.

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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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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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