Bad financial decisions are the wrong actions or practices that cripple your finances. When you make bad decisions concerning your finances, you may find it difficult or impossible to save money, invest, build an emergency fund, or accomplish certain financial goals. There are so many ways people make bad financial decisions. Nonetheless, here are a […]
Profit and Loss Profit and loss are two of the most important concepts in business. They tell you how much money your business is making and how much money it is spending. Profit and loss are also important for tax purposes. Profit and loss are calculated as the difference between revenue (the money your […]
Firstly we will tall you what is bookkeeping; Bookkeeping involves the recording, on a regular basis, of a company’s financial transactions. With proper bookkeeping, companies are able to track all information on its books to make key operating, investing, and financing decisions. Bookkeeping is key keeping accurate financial records. It can be the difference between […]