Kiwili is an all-in-one online accounting and management software designed specifically with the self-employed and businesses in mind. Originally developed by the team from Onyris, a web agency, as an internal tool to help manage the company, the project unexpectedly...
You’ve started your own business, and now you keep coming across all of these financial terms in your paperwork. Profitability, solvency, liquidity… It can be hard to keep up ! In this post we are going to explore everything you need to know about solvency and...
Most people understand the meaning of the word profitability, whether they are in business or not, more money coming in than going out, right? In reality, there is a lot more to profitability than that, this article will cover what you need to know, giving you an...
Accounting is often regarded as a necessary evil by entrepreneurs. Everyone knows it is absolutely crucial for any business and yet, a majority of people dread doing it. While accounting does take care, discipline and some basic knowledge, without managing your...
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 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...
