6 Tips to Get Clients to Pay Their Invoices Faster One of the most uncomfortable situations in business is reminding clients about late payments on a bill or invoice. It’s even harder to ask for immediate payment without causing conflict by adding lat...
Sales Quotation Template for SMEs in Singapore Small and Medium Enterprises (SMEs) in Singapore often need to send sales quotations to their customers. A sales quotation is a document that shows the prices and terms for products or services a busi...
9 Tips for Budgeting in Small Business Managing money well is key to running a successful small business. Budgeting helps you plan for expenses, save for the future, and avoid debt. Here are some detailed tips to help you create a good bud...
Organising Your Chart of Accounts Your chart of accounts are crucial for understanding your business's financial position. The chart of accounts are the key parts that help build your financial statements and the more you organise it,...
Improve Your Cash Flow with Day Sales Outstanding Daily Sales Outstanding (DSO) measures the average time your business takes to collect payments from clients after making a sale. Often referred to as "days sales in receivable," this metric offers in...
Creating a Comprehensive Customer Account Statement A customer account statement is a document that shows all the invoices and payments related to a customer in one month. People often ask for these from the accounts department. Sometimes, customers ca...
Simplify Your Finances: The Impact of Invoice Management Software In today's fast-paced business landscape, efficiency is key to staying ahead of the competition. As we move forward to a more complex and tricky business landscape, it is critical to set up some funda...
Streamlining Corporate Income Tax Submission: A Guide to Effortless Compliance with Metro Accounting System As the fiscal year draws to a close, businesses in Singapore gear up for a critical task: corporate income tax submission. Navigating the complexities of tax regulations while ensuring accuracy and ti...
Simplifying Finances: Understanding Cashbook In/Out in Accounting with Metro Accounting System Managing money can be a puzzle, especially for businesses. One essential piece of this puzzle is the cashbook, a tool used to keep track of money coming in and going out. Let's take a closer look at h...
GST InvoiceNow: Get Ready For Direct Tax Filing In recent years, the landscape of business transactions has been undergoing a significant digital transformation, and the Singaporean government has been at the forefront of promoting efficiency and t...
What is the significance of cash flow analysis in accounting? Cash flow analysis is a crucial aspect of accounting that provides valuable insights into the financial health and operational efficiency of a business. Here are some key significance of cash flow ana...
10 Top Accounting Software in Singapore Accounting software is an essential tool for businesses in Singapore and globally, streamlining financial processes and ensuring accurate record-keeping. This software automates various accounting tas...