Blog
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A SEPA transfer is a way to transfer money within Europe. SEPA stands for Single Euro Payments Area. This means you can use one payment method to transfer money in different countries. SEPA transfers make it easier for consumers and businesses to make payments. For example, you can transfer money … […]
SEPA Credit Transfer: The process, benefits and implementation
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A debtor is a person or organisation that owes a debt to another, usually a supplier or lender. Simply put, if you have purchased a product or service without paying immediately, you are considered a debtor. This means you still owe money to the seller. For companies, it is important … […]
Debtor: Effective Management for a Healthy Cash Flow
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An income statement is an essential financial document for any business. It provides insight into financial performance over a given period, often a year or a quarter. This statement shows how much profit or loss a company has made. It is crucial for both small companies and large corporations. The … […]
Income Statement: Rules for Financial Success
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Assets are possessions owned by a company or individual that have value attached to them. These can be either physical or intangible. Physical assets, such as buildings, machinery and vehicles, are tangible things you can see and touch. Intangible assets are, for example, patents, brand names or goodwill. These have … […]
Assets: Essential Information and Strategic Applications
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Digitisation refers to the process of converting analogue information to digital formats. This allows us to store, process and share data more efficiently. You can think of digitising documents, photos and videos. This transformation makes information more accessible and user-friendly. Digitisation allows companies and individuals to benefit from faster communication … […]
Digitisation: Here’s how to Optimise Your Organisation
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Your job as a bookkeeper or accountant is shifting. The emphasis will be on advising clients. As an office, how can you free up more time for this new role? Take the client by the hand in digitising and automating invoice processing with TriFact365. In this blog, we give you … […]
Onboarding: How to bring the customer into digitalisation
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Representation expenses are costs a company incurs to present itself to the outside world in a professional manner. These costs can be incurred, for example, for business lunches, gifts to customers or promotional gifts. The purpose of representation expenses is to maintain business relationships and enhance corporate reputation. They are … […]
About representation expenses: Definition and Application
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Current assets refer to a company’s assets that can be converted into cash or consumed within a year. These assets are essential for the day-to-day operation of a company, as they are often used for short-term payments and investments. Examples of current assets include cash, accounts receivable (customers yet to … […]
The Essence, management and application of Current Assets
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HRM, or Human Resource Management, focuses on efficiently managing the human resources within an organisation. It includes all activities related to attracting, developing and retaining employees. In HRM, the focus is not only on administrative tasks, but also on strategic aspects such as improving work culture and encouraging employees. HRM … […]
How to benefit from advanced HRM solutions
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A bookkeeper is a professional who deals with the financial records of a company or organisation. He or she keeps track of all income, expenses, tax liabilities and other financial transactions. This gives entrepreneurs a clear overview of their financial situation and allows them to make informed decisions. A good … […]
Why you should Hire a Bookkeeper