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What are prepaid expenses and payables?

What are prepaid expenses and payables?

Are you also receiving all sorts of invoices for next year these days? I got mail from insurance companies, my newspaper subscription, office rent and whatnot. Companies asking me (or my organisation) to pay upfront for services they will provide to me in the future,...

What is an expense in accounting?

What is an expense in accounting?

What is an expense in accounting? Is a credit an expense? How can you know what to record as expense and what to record as an advance?

Entrepre-learning

Entrepre-learning

If you have been following me, you may have noticed that I spent a week in San Diego, USA, almost a month ago. I took part in Amy Porterfield’s Entrepreneur Experience, which was quite the most awesome gift I have ever given myself! Until this year I had never even...

For all my friends who were wondering what I was up to …

For all my friends who were wondering what I was up to …

I cannot quite remember when I blogged for the last time. I am pretty sure it must have been close to two years ago, when I was all fired up about a dream I had and the makings of a plan to achieve this dream. I had just run a survey to help find out what key...

Finance management needs of non-profits

Finance management needs of non-profits

Recently, I conducted a simple survey to find out more about the needs of smaller and bigger civil society organisations (CSOs) in the field of finance management. I received responses from people from very different organisations; bigger European organisations as...