When you track your business expenses daily, it becomes easier for you to work out what you are spending and where you can save. This is because tracking your business expenses makes it possible for you to see how much money is being spent on each item, which will enable you to work out where there may be room for savings in the future.
Internal audit is a process of analyzing internal operations that supports the achievement of objectives. Advantages of internal audit is…
Most times when businesses talk about receiving payments the first thing that comes to mind is POS, but is POS really the best way to receive payments for your business?
Often times, business owners are confused about maintaining a separate account for their business be it a current account or…
Fintechs are on the rise in Nigeria. This is a combination of a youthful population; ever-increasing smartphone penetration and the…
A business having its own bank account comes with its benefits. There are other benefits of having a business bank account other than being able to fluidly perform your business transactions.
Business owners oftentimes do not take bookkeeping as seriously as they should. Bookkeeping is the recording of financial transactions and…
Lenco makes it easy for you to create a sub-account in 60 seconds or less. This is perfect if you want to give someone else access to your account without giving them full access to all of your data. In this blog post, we will walk you through the steps of creating a sub-account on Lenco. It only takes a few minutes and is very straightforward!
Working on self-improvement requires you to collect the correct data and utilize them to make strides in your bookkeeping propensities. It all comes down to your choices.
So, are you prepared to put efforts into bringing your self-accounting skills to flawlessness? On the chance that the reply is yes, put these tips to good use and get closer to being proficient with accounting ability.
Nigeria is a country that has an always growing population. As a result, the demand for banking services is also…
If you are a small business owner, then getting a business loan can be a great way to grow your…
Stamp duty does not apply to transfers or deposits made by a person into another account with the same account name within the same bank.