Richard Osei-Adu

Perform regular reconciliations to ensure that bank statements, credit card statements, and accounts match your records. This helps identify discrepancies early and ensures the accuracy of financial reports. Regularly generate profit and loss statements, balance sheets, and cash flow reports. These statements provide a clear picture of your business’s financial health and allow for better […]

Errors and issues often appear during the accounts payable reconciliation process, and if unspotted or unaddressed, they can lead to bigger problems down the line. So we’ve put together 8 easy steps for making your accounts payable reconciliation easy (and accurate). It’s not the end of the world if you finalize your reconciliation a few

As a result, WIP reports are a powerful tool for fostering precision with your numbers. For a deeper look at WIP and its impact on accounting for construction check out our article on “Everything you need to know about WIP”. Retainage is a standard practice in the construction industry where a portion of payments is

Technology has emerged as a pivotal driver, revolutionizing construction accounting in various ways. For example, a typical business, such as a retail store, buys inventory and sells merchandise from a fixed location, so it’s easy to understand the cost of each item sold and keep overhead relatively constant. Rippling helps increase savings, automate busy work,