Bookkeeping

Accounts Receivable Outsourcing involves assigning the management of customer invoices, payment collections, and related financial processes to a third-party service provider. This practice allows businesses to concentrate on core operations while leveraging the expertise of professionals to efficiently handle AR tasks, leading to cost savings and improved efficiency. Accounts receivable […]

Interest coverage is a ratio which measures a business’s ability to cover interest expenses with operating income. Banks will use this ratio to help them understand your suitability to take on debt. This is not important if you do not have any debt or plan on taking on any debt. […]