Have you ever asked yourself whether it’s silly to buy something you’re eyeing? Here’s another question to help you with that: “Can you afford to pay for it twice?” Yes, I know you only want to buy one, but being able to afford it twice provides you with freedom over it. Owning certain items, especially…
Over the years, the retail industry has grown immensely as it continues to adapt and embrace digital transformation. The increasing popularity of e-commerce, or online shopping these days, makes day-to-day operations even busier than usual, especially when it comes to keeping a closer eye on business financial information. While it’s crucial for any type of…
We all at least share one budgeting tip once or heard a smart money suggestion from time to time. But, let’s accept it, regardless of how practical financial advice may sound, some of it ignores the reality that we want to enjoy life. Friends often tell me about times when they were “good” with money,…
Accounting has changed tremendously over the years, especially with the introduction of the internet. However, there are still major differences between modern-day and traditional accountants despite the advancements. Here are some differences between the two, check which one are you: Modern-Day Accountants Traditional Accountants Can work in the office or at home virtually Works in…
They say that when the bookkeeping ends, accounting begins, and here is our saying between the difference of the two! Bookkeeping and accounting plays a vital role in every business but most people see these as one profession, which is not right. They have similarities such as dealing with financial data and the need for…
Take a look at the taxes that are levied and imposed in the country. How are taxes supervised in the country? The Bureau of Internal Revenue is the government agency responsible for levying and collecting national taxes in the Philippines. Furthermore, the Bureau of Customs regulates the tax imposed on importation of goods and services.…
Let us now dive into the untapped world of digital taxes! In today’s world, technology has played a significant part with how we live our lives. With just a tap on our phones, we will be able to access a wide range of activities which shows how technology has opened a new marketplace that has…
Do you want to start trading and investing with cryptocurrencies? Here are the top crypto trading platforms commonly used by Filipinos today! The popularity of cryptocurrency in our country has been continuously increasing as various platforms emerge and gives an opportunity for every individual to learn how it works and be able to use it.…
When thinking about accounting and how the automation process works, a substantial amount of work would be taken away from employees in order to implement automation. From a business owner’s perspective, automation would be more efficient and effective, but from an employee perspective, being replaced by automation would be difficult to take in. During the…
These tools are exactly what you need for your accounting kit Whether you’re a Certified Public Accountant, an accounting student, or managing finances for a small business, you’re gonna need the right tools to get started when it comes to tax filing, payroll management, and more. There are dozens of online accounting tools you can…
