The Trial Balance : Our Definition, With Examples
The trial balance is a type of accounting report which lists both the debit and credit balances of the company accounts. It is used in the double-entry accounting system. What’s the real use of a trial balance ? How to Format a trial balance report ? How to...
The General Ledger : A How-To Guide
The general ledger has been at the core of accounting for centuries, being essential for financial management and success in companies large and small alike. But what exactly is a general ledger and what is it used for? In this article we explain how to complete a...
Meet Kiwili: The Best Software For Online Business Management
Whether your business is just starting out or you’re already well-established, it’s vital to find good working tools in order to be as efficient as you can. Many people’s first instinct is to turn to their usual software, such as Word or Excel. However very often this...
The Golden Rules Of Accounting For Micro-Entrepreneurs : Commandments To Abide By
From an accounting perspective, being a micro-entrepreneur (aka being self-employed or a freelance), has many advantages. Micro-entrepreneurs benefit from a reduced tax and accounting system. This avoids, for instance, having to submit an annual balance sheet at the...
Project Management : Tips For Leading A Team Effectively
Leading a team isn’t always easy. Seeing a project through can quickly become complicated if something has been missed off the schedule. Having a clear vision from the get-go forms the basis of good project management, but of course there are other elements involved,...
Create Invoices Online : 4 Easy Steps To Guide You (with examples)
Self-employed, freelancer, consultant, entrepreneur or running a small business ? Unsure how to do your invoicing online ? Stay right there, Kiwili has the answers for doing your invoices online simply and free of charge as well as all the essentials you’ll need to...
Financial Statements : What You Need To Know
Do you know what financial statements are? I’m sure you’ve heard of the balance sheet, income statement, cash flow statement, and even the statement of retained earnings (a.k.a. statement of changes in equity). These documents provide information about the financial...
How to handle late payments : advice, templates, and best practice
So you’ve processed your invoice using Kiwili’s invoicing tool, but the client hasn’t responded? Bringing up a late payment with a client is always a delicate situation. In our article, Five Actions To Take In The Case Of A Late Payment, we explain how best to respond...