An accurate record of all the financial transactions – sales, purchases, payments, receipts. Payables and receivables in a detailed way are called bookkeeping. As dynamic as they tend to be, start-ups are not usually mindful of the cash flow and do not adequately record these transactions as the funders and personnel juggle through multiple tasks. […]
Unoptimized working capital management can pin down the free cash flow and impede the business growth even with thriving sales and revenue. Small and medium business who often multi-task theirs out of accounting look at every potential cause of this working capital problem except where it truly matters – Accounts Payable. It is 2021 and […]
