Cash Flow
Top 5 Year-End Accounting Tips
With the end of year approaching, it’s important to ensure your accounting records are in order to avoid unnecessary work and stress, during an already busy time of year! ...
Setting Up ACH Payments for your Business
Setting your business up to initiate ACH payments can be instrumental in improving your business’ cash flow. It is typically simple to setup, but it is not automatic. • 1...
Understanding Deferred Revenue
Deferred Revenue Deferred Revenue is revenue that you have not yet earned, but that you’ve received in cash. Revenue should not be reported in your profit & loss statement until...
Customer Payment Options that Improve Cash Flow
Cash Flow is one of the most critical factors to operating a successful business. Growth requires cash and if your business is not able to effectively manage your cash flow,...
Frequently Asked Questions about Working with Fortiviti
June 2023 Fortiviti is a unique outsourced accounting solution, so naturally, we get a lot of questions on how we operate! Here are some of the top questions we get...
Cash Flow: A Tale of Two Businesses
Everyone knows cash is king. You’re told time and again. Cash allows you to be nimble. Cash allows you to jump on opportunity. You know you need it for business...
Managing Cash Flow: A How To Guide
Managing cash flow can be the difference between your business success or failure. You can’t open a book on entrepreneurship without the mention of cash flow. But, what is...
Your Balance Sheet: Why It’s Important
A balance sheet is one of the least reviewed financial statements in a small business. Yet, it shouldn’t be. Your balance sheet is important for a number of reasons: ...
Accrual vs Cash: Which Is A Better Business Practice?
The key component to accrual versus cash is that you are matching your revenue to your expenses. Basically, recording that revenue when you have earned it and recording those expenses...
3 Reasons Why Square Is The MVP Of Credit Card Processing
By Erin Ryan, Controller at Fortiviti Square is a convenient and simple solution for small business owners who need to process credit card payments for any purpose. It’s...