Month: March 2021

Many businesses in Africa record their transactions using online accounting software. But, traditionally, bookkeeping was done with a pen and paper, using either the single or double entry bookkeeping system. With this system, every entry must ‘balance’ with an entry made in a different account

Managing money in and out of your business is a vital skill. In fact, according to a survey by Entrepreneur, 82% of failed businesses close because of cash flow problems. By taking control of when to pay invoices and when you receive money means you can turn your cash flow around and build a sustainable business.