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PROVIDING ACCOUNTING SOLUTIONS FOR ACCOUNTANTS AND BUSINESS OWNERS

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Showing posts from May, 2020

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THE AUDIT FEVER PART 1

May 18, 2020

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HOW TO TRACK EXPIRY DATES WITH EXCEL

I remembered an occasion when we were supposed to see a program on TV on a particular day but lo and behold our Cable subscription expired without our knowledge. We simply did not keep track of when we renewed the last subscription. And so we had to miss out on that program. Now, the above experience could happen to anyone on any occasion. It could be any of the following situations; 1. Renewal of a Membership Subscription 2. Renewal of Motor Vehicle Papers 3. Renewal of Business & Operational Licenses 4. Renewal of Cable Subscription 5. Renewal of Rates, Rents & Utilities 6. And any other stuff that expires within a given period of time In all these, it means that you have a DATE that the item was RENEWED and a DATE in which the last RENEWAL will EXPIRE. There are many ways to keep track of items that WILL SOON EXPIRE and the most common ones are CALENDARS and ALARMS REMINDERS. If you are a regular EXCEL USER, t

HOW TO MANAGE STOCK-INVENTORY WITH EXCEL (Stock Management Template 1)

Have you ever encountered the challenge of managing the stock of items in your business? No matter how many Items there are in your Inventory list, they can be managed. There are so many stock management software and templates available so you to choose and use. One of the many difficulties encountered with Stock Management Systems is the ability to Configure and set up correctly to achieve desired results. Sometimes the challenge could be having the trained personnel to handle the system. Getting a good system is a good thing to do but getting the personnel who will man the system trained and equipped is as important as getting the system. Maybe you run a small business and thinks it’s expensive to get a Stock Software. Or you can’t afford to hire an extra hand to keep the Stock Records. But there is need to maintain a good stock/inventory system. If you have any of these challenges listed above then it’s not time to give up. You can maintain a good Stock Management with th

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