May 2023 Tax Calendar

Spoiler Alert – Accounting and Bookkeeping are Different! Here’s Why

There are a number of important differences between the accounting and bookkeeping functions. Businesses must understand these differences to ensure their internal accounting and finance departments is performing.

In this article, we explain what the key differences are and why they matter.

Preservation of Accounting Books and Records – Compliance for Companies in the Philippines

How long should a company retain its accounting books and records? Where should the records be kept? Should they be in hard copy or can they be stored online?

Read on to find out!

Accrual Accounting v Cash Accounting – What’s the Difference and Why Does It Matter?

You may have heard about the two most common systems of accounting for companies – accrual accounting and cash accounting. But do you know how each system works? What the differences are? The advantages and disadvantages of each one? Read on to find out!

7 Key Accounting and Bookkeeping Concepts Every Business Owner and Manager Should Know

Accounting and bookkeeping terms can be difficult to understand without a background in accounting or finance! So thats why we have identified 7 key accounting concepts and explained why they matter for your business!

Cloud Accounting Can Save Your Business Time and Money – This is How!

This article examines how businesses in the Philippines can generate real cost and time savings across an organisation by transitioning to cloud accounting.

Catch Up Accounting – All You Need to Know

Catch up accounting – All you need to know

Catch up accounting can be a crucial activity for any start-up, SME or long-standing business.

Here is everything you need to know and more.

7 Ways How Outsourcing Your Accounting Can Add Value To Your Business

7 key benefits when outsourcing your company’s accounting and bookkeeping functions.

5 Expert Finance Tips to Prepare Your Tech Startup for Growth in the Philippines

Scale your tech startup successfully by following these 5 key accounting and financial processes.

Books of Accounts: What Is The Best Fit For Your Business?

What are books of accounts? Why are they so important for a company? What type of books must you have? Who is going to check? In short, every business in the Philippines (and the world!) should have and maintain up-to-date books of accounts.