It’s totally ok if you don’t have the time to learn about medical accounting or accounting methods for medical practices. Whether you’re a dentist, general practitioner, optometrist, physiotherapist, surgeon or some other medical specialist, getting support from a medical accountant is a great way to free up your time while...
Category: Knowledgehub
Accounting for hospitality: 7 serious red flags
As restaurants, pubs and hotels slowly find their way back to pre-COVID trade levels, it’s no exaggeration to say there’s little room for financial mistakes. This makes accounting and financial analysis in the hospitality industry more important than ever. Yet most owners are wearing too many hats to really focus...
Accounting for lawyers: 7 tips for a thriving practice
While helping clients is at the heart of what legal professionals do, the right services in finance and accounting for lawyers will enable you to serve clients better. When you have the right processes in place, you can provide clients with a smoother onboarding experience. You can use accounting software...
5 Retail accounting practices you need for success
Some business owners are still attached to the outdated belief that accounting processes are of little benefit apart from facilitating regulatory compliance. But these days, having a financial system underpinned by sound retail accounting practices can bolster the adaptability of your retail business to evolving trading conditions. It can boost...
Construction accounting 101: What you need to know
Running a successful construction firm demands skills in planning and managing finances. This is where construction accounting software comes in! You can use construction accounting systems to track money coming in and out and determine the profitability of different projects. You can also forecast your ability to pay bills and...