Anne's True Accounts Blog
A little terminology first...
A Balance Sheet (also known as Statement of Financial Position), comprises Assets (what you own), less Liabilities (what you owe) to give a Net Assets figure. The Net Assets represent Owners Equity, or what's left over for the owners of the company at a...
Hooray!! The new breed of accounting software is affordable, secure and in the cloud, giving you access to your financials in real-time.
It boasts automated bank feeds, online invoicing and mobile access. This is all fantastic stuff, don't get me wrong. But I see it's "friction-free scalability" as...
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