Remove Banking Remove Computer Remove Finance
article thumbnail

Business finance: The ultimate guide for non-finance people

BMT Office Administration

Either way, you’ll need to master the basics of business finance if you want to find success. Even employees not working directly in finance generally need a basic understanding of it to succeed. Nothing exists in a bubble, and business finance is no different. Why is that?

Finance 264
article thumbnail

How to Protect Yourself from Online Scams

Success

Most of us know the obvious scams like being asked to send your bank details so you can claim foreign lottery winnings, or princes of foreign lands looking for assistance in moving fortunes away from rebel fighters. Listen to your gut. Keep your devices up to date. Check your credit report quarterly. Don’t use public wifi.

Banking 125
article thumbnail

The No. 1 Mistake That Business Owners Make in Fraud Prevention

Insperity

The person paying the bills should never reconcile the bank statement. There are three tasks related to your finances that need to remain separate: Authorization – The person who approves the vendor bill or sends a customer invoice. Custody of related assets – The person who reconciles the bank statement or credits/edits the invoice.

Finance 100
article thumbnail

From the CEO: How to Take a Leap and Get Your Team to Jump with You

Success

We’ve got Web3 , decentralized finance, globalization—you name it. We essentially sent people home with computers. If you’ve led your team well, you’ll have banked enough trust to take these game-changing risks , for whatever reason you have to or want to take them. What was happening then is happening now.

Banking 98
article thumbnail

Tech Literacy Is Crucial to Financial Security—Here’s How to Educate Loved Ones with Kindness

Success

Technology is an indispensable tool for millions of people, but it can still intimidate those who didn’t grow up with computers or gadgets. If you’re reading this article on a computer, phone or tablet, chances are good you already have at least some comfort using technology. Lifelong Learning.

article thumbnail

5 Tips to Make Filing Taxes Easier for Freelancers in 2023

Success

Have separate accounts Keeping your personal and business bank accounts separate is a good practice. With one look through your bank statements or accounting software, the accountant can see what came in and went out at any given time without wading through your personal transactions.

Banking 93
article thumbnail

Making Taxes Less Taxing

Success

It’s so much easier than dumping receipts and bank and credit card statements in a box and manually going through each piece of paper every quarter. These programs also allow you to connect your business bank accounts and credit card. Online business checking and savings accounts can also connect to accounting software programs.