Importance of Financial Analysis in Business Plans – Overview of Main Components of Financial Forecast

Business planning is vital for the survival of any business.  The business plan is a strategic tool for an entrepreneur.  A well drafted business plan helps to focus on vital activities of an enterprise in order to make it succeed.  A good business plan will have both short-term and long-term objectives.  The management needs to focus on those objectives per the defined time scale. Appropriate financial planning and forecasting give life to business plan.  The financial planning includes Read more [...]

QuickBooks Bill Entry Process – Overview of Invoices and Pay methods in QuickBooks

QuickBooks is an accounting software package and it targets mainly small and medium-sized businesses.  The process in QuickBooks needs to be handled by an experienced hand. QuickBooks   has the option to set up invoice for selling products, and what are the credits and debits are made under the business we record the all transactions. The bills that are needed to be processed basically contain two types of transactions: Direct bill payment and Visa payment. The QuickBooks software contains Read more [...]