Category Archives: Bookkeeping

Changes in working capital will help you determine where Microsoft is in its working capital cycle. Companies will try to shorten their working capital cycle by collecting receivables sooner or extending accounts payable. Our Cash Management Solution automates the reconciliation process between bank statements and internal financial records, reducing manual effort and errors and increasing […]

Each one of these steps will help improve the short-term liquidity of the company and positively impact the analysis of net working capital. A company can improve its working capital by increasing current assets and reducing short-term debts. To boost current assets, it can save cash, build inventory reserves, prepay expenses for discounts, and carefully […]

According to a February 2023 report from the US Bureau Accounting for Technology Companies of Labor Statistics, 43% of private employers paid their employees every two weeks. About 20% chose the semimonthly payroll, 27% chose weekly, and about 10% chose monthly. At first glance, the difference between biweekly and semimonthly might seem subtle. But, when […]