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Category: Accounting and Financial

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Accounting and Financial

5 Tips CFO Should Know Before Adopting Cloud Accounting

Living in a highly globalized and digitalized world, companies and firms are starting to digitalize their work in order to be more competitive and efficient in the fast-paced business world. One of the crucial features of a firm is to have a clear and transparent accounting record. However, conventional manual accounting systems have been criticized for their low working flexibility and high manual working error. Cloud accounting enables companies with an always up-to-date online solution from any device and anywhere. Speaking of digitalizing

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Accounting and Financial

Why Should Small and Medium-sized Businesses Adopt Xero?

Bookkeeping provides a clear and logical way for businesses to keep a close check over their financial data to ensure everything is in order. Operations need to be adorned with concise and up-to-date financial reviews to stay on track with their business. However, most small and medium-sized companies do not have an in-house accounting department due to the high maintenance cost, and this is where CW and Xero chip in. CW has implemented the Xero accounting software in both our

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Accounting and taxes
Accounting and Financial

Why should you consider closing books on a monthly basis?

As an owner of a small business, you invest tremendous personal time and effort to develop your business. Your primary focus mainly lies on marketing, making sales and maintaining a better customer relationship. On the other hand, you want to save any cost that can be managed by yourself but often end up doing things in a wrong way, such as accounting. Closing books for your business can be an annoying task, especially without a proper accounting system in place.

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