Blog
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Solvency is an important financial key figure that provides insight into the health of a company. It shows to what extent a company is able to meet its financial obligations in the long term. In this blog, we explain exactly what solvency is, why it is important and how you … […]
What is solvency and how do you calculate it?
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As an entrepreneur, the annual income tax (IB) return is an important but sometimes time-consuming part of your administration. Whereas employees have a large part of their data filled in automatically, as an entrepreneur you often have to collect, check and submit the correct information yourself. In this blog, you … […]
Income tax return for entrepreneurs: this is how to keep it organised
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As an entrepreneur, you are increasingly faced with new regulations around sustainability and corporate social responsibility. One of the most important developments in this area is the CSRD, or Corporate Sustainability Reporting Directive. This European directive changes the way companies have to report on sustainability. But what exactly does CSRD … […]
What does CSRD mean for entrepreneurs?
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As an entrepreneur or self-employed person, you will have to deal with it sooner or later: VAT. Whether you are just starting out or have been around for a while, correctly accounting for VAT remains an important part of your administration. But what exactly does VAT accounting entail? How do … […]
Booking VAT without stress: here’s how to do it step by step
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Consolidation is a crucial step in the financial reporting process for many organisations. Especially when a company has several entities or subsidiaries, consolidating financial data is necessary to get a clear and complete overview. But in practice, consolidation often turns out to be complex, time-consuming and error-prone. Fortunately, there are … […]
Efficient consolidation: How to keep a grip on your financial figures
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In the business world, the term proforma comes up regularly, especially in administration, accounting and sales processes. But what exactly is a proforma, when do you use it, and how do you make sure you organise this process efficiently? What is a proforma? A proforma is a preliminary or non-binding … […]
Proforma to invoice: keep control of your sales process
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In today’s fast-paced business environment, managing finances efficiently is more important than ever. Accounting software has become an indispensable tool for businesses of all sizes, streamlining financial processes. Ensuring compliance, and providing insights that drive informed decision-making. The Benefits of Accounting Software Manual bookkeeping is time-consuming and prone to errors. … […]
Why Accounting Software is Essential for Modern Businesses
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In the world of financial management, businesses rely on accounting systems to track and report their financial performance. One of the most common methods used for this purpose is accrual accounting. Unlike cash basis accounting, which records transactions only when cash is exchanged, accrual accounting records financial events when they … […]
Understanding Accrual Accounting and the Role of TriFact365
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In the ever-digitising world, efficiency in business operations is becoming increasingly important. One of the biggest steps in this is switching from traditional invoices to UBL. But what exactly is UBL? And how can you easily convert existing invoices to this format? What is UBL? UBL stands for Universal Business … […]
Converting invoices to UBL: why and how?