Definition Of Financial Services

Finance Definitionthe administration of revenues; the conduct or transaction of money issues generally, especially those affecting the general public, as in the fields of banking and investment.

At current, we cannot think about a world with out Finance. In other phrases, Finance is the soul of our financial activities. To perform any economic activity, we need certain assets, which are to be pooled in terms of cash (i.e. within the form of currency notes, other valuables, and many others.). Finance is a prerequisite for obtaining bodily assets, that are wanted to perform productive actions and carrying business operations such as sales, pay compensations, reserve for contingencies (unascertained liabilities) and so forth.

Equity capital financing is used similarly to debt capital financing, but as an alternative of coming from debt like a loan, the additional capital comes from an organization issuing stock or fairness. Issuing stock has a good thing about permitting … Read more

Why your accounting firm can’t live without e-receipt software

In this digitised day and age, it was only a matter of time before accountancy firms discovered the many advantages of signing up to e-receipt software such as Receipt Bank. This invaluable tool allows its users to scan and electronically store receipts, expense forms and other crucial financial records to make basic accounting and bookkeeping tasks a lot easier.

If you have not yet discovered the joys of receipt scanning software, then take a look at some of the ways that it can act as a game-changer for your bookkeeping business or accountancy firm today.

Time is money

We have all come to dread the laborious process of getting hold of a receipt after a transaction, tucking it away safely until we get back to the office, filing it away and finally (and hopefully) remembering to get it out again when the time comes to balance the books or … Read more

Some Tips How You Can Travel More by Cutting Down Your Expenses

A wise man once said, “Travel is the only thing you purchase that makes you richer.” But, one thing he forgot to add here was that you need money to make this purchase.

It’s no secret that you need to have enough money in your pockets to enjoy a trip. However, saving that money with regular expenses piling on your shoulders becomes a hassle. So, if you are having trouble saving money for a trip to your dream destination, worry not!

In this article, we have jotted down five money-saving tips that will help you jet off to your dream destination in no time.

Make a List

It is essential to make a list of all your monthly expenses including your house rent, utility bills, groceries, music concerts, movie tickets, impulsive shopping and others. Now divide that list into necessary and unnecessary expenses.

While cutting down on the necessary expense … Read more