In Microsoft Excel, large amount of data is handled by the Pivot table however not many people know that it is a powerful analytical tool for the managers. Before diving into the knowledge base, it is important to know the uses. Pivot table is used for summarizing the data reports in a readable format. In […]
Most corporate accounting services in Singapore are well equipped to handle all their client’s accounting requirements on a regular basis. However, as an added measure, clients are also encouraged to understand the basics of accounting so as to ensure that everything is properly tended to with no mistakes. For those seeking to understand accounting, a […]
Different professional accounting firms in Singapore can often form and rely on their own systematic schedules and techniques when providing bookkeeping and accounting services. So before beginning with essential tasks, it is highly recommended for users to consolidate data into one working software program and incorporate it into their company files. As an added improvement […]
Accountants are highly encouraged to regularly study, practise and understand accounting principles as well as guidelines before offering bookkeeping and accounting services in Singapore. For beginner accountants, there are 5 basic accounting principles to first familiarise oneself with: Entity Assumption As a basic accounting principle, accountants are advised to keep business transactions of sole proprietorships […]
Accounting procedures for sole proprietorships contain certain differences compared to accounting catered to other corporations. Most corporate accounting services in Singapore are well versed enough to conduct accounting procedures for sole proprietorships. However, as a method of safeguarding and minimising potential errors, business owners are encouraged to remember these 5 accounting equation rules: Basic […]
With the ever thriving plethora of corporate accounting services in Singapore, it is not uncommon for companies to consider the option to outsource accounting to professional accounting firms. While that may be so, business owners are still highly encouraged to familiarise themselves with the basics of accounting so as to double-check and minimise the occurrence […]
Miscellaneous cash can be handled in multiple different ways by using the MYOB software. To do so, certain steps have to be undertaken to do so. If you find yourself with excess miscellaneous cash, you can deal with this in MYOB by using these methods. Here’s what you should remember and try out: Voiding Cheques […]