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The month-end closing is of great importance to companies as it enables accurate financial recording and reporting at the end of each month.

The month-end closing is of great importance to companies as it enables accurate financial recording and reporting at the end of each month.

5 tips to optimize your month-end closing process

Demystifying consolidation of financial statements

What are some of the top bank reconciliation softwares for 2023?

How to calculate and analyse the receivables collection period?

Equity method consolidation vs. consolidation method: Understanding the differences

Trial balance: How it helps your cash flow management

Reducing balance method: How to calculate depreciation?

Credit note: How to use it effectively?

Often cash and bank balances do not match due to certain bank charges not yet recorded in the cash book.

Often cash and bank balances do not match due to certain bank charges not yet recorded in the cash book.

What are bank charges not yet recorded in the cash book, and how to account for them?

A debt collection letter becomes necessary when a debtor has not paid his bill within the deadline or has failed to pay an instalment.

A debt collection letter becomes necessary when a debtor has not paid his bill within the deadline or has failed to pay an instalment.

How to best draft a debt collection letter and how to avoid it

Factoring is also known as receivables factoring or invoice financing.

Factoring is also known as receivables factoring or invoice financing.

How companies can leverage factoring for cash at short notice

The debt collection process is initiated by the creditor when he has not received a payment from a customer or business partner.

The debt collection process is initiated by the creditor when he has not received a payment from a customer or business partner.

What are the crucial steps in the debt collection process?

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