Five tips to keep your expenses in check using accounting software

Five tips to keep your expenses in check

As a small business or startup, money is a big concern. While you would love to […]

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How to Use Opening Balance and Closing Balance | Big Red Cloud

What are opening and closing balances and how do I use them?

How to Use Opening Balance and Closing Balance It’s your first time doing the accounts for […]

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difference between invoice and cash basis of accounting

What’s the difference between invoice and cash basis of accounting?

Difference between Invoice and Cash Basis Accounting Understanding the difference between invoice and cash basis of […]

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What is a profit margin and why is it important?

  Here at Big Red Cloud we encourage you to keep your accounts up to date […]

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What is a Nominal Ledger, Nominal Ledgers | Big Red Cloud

What is a nominal ledger?

Nominal Ledgers Bookkeeping is a necessary part of running your business. Not only do you have […]

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Prepare a Cash Flow Forecast, Cash Flow Forecast Example

How to prepare a cash flow forecast

How to Prepare a Cash Flow Forecast Cash flow forecast is a pretty important topic and […]

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cash and credit transactions

What’s the difference between a cash and credit transaction?

  Transactions are the building blocks of our accounts. Any transactions that occur within our business […]

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Debtor statements

What are debtors statements and why are they important?

  We’ve mentioned this many times before, but cash flow is critical for the health of […]

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black market

What businesses need to know about the black market

  You probably have an idea in your head about what the black market is. That […]

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balance sheet accounts

How to read your balance sheet

What is your balance sheet? Simply put, your balance sheet is a statement of a business’ […]

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