Journal Entries for Factoring Receivables from Bankers Factoring

It can help improve cash flow and revenue stability but can also help fund operations or pursue growth opportunities. Invoice factoring is a type of financial service  where you “sell” some or all of your company’s outstanding invoices to a third party as a way to increase working capital. A factoring company will pay you […]

What is FP&A? From FP&A to Strategic Finance

FP&A requires a deep understanding of the operational dynamics of the business, relevant industry trends and the broader economic landscape. Serving as the architects of financial strategy, FP&A professionals craft detailed plans aligned with the company’s long-term goals and objectives. They provide a bridge between the raw data of day-to-day business operations and the strategic […]

How to make a Financial Model? Complete Step by Step Guide

Anaplan is a cloud-based software solution that enables organizations to better plan, forecast, and finance. It supports budgeting, scenario modeling, and performance management and, therefore, fits well with larger organizations with advanced financial modeling requirements. Key drivers are the factors that significantly impact the business’s financials and should be identified early in the process. These […]

Best Accounting Automation Software for Startups in 2025

A good platform will automatically manage exchange rate conversions and provide accurate financial reporting that reflects your true financial position. This feature streamlines your international operations and eliminates the complex manual calculations that can lead to accounting errors. It’s a foundational tool for any business looking to expand into new markets. QuickBooks Online is a […]

Tax Shield: How to Calculate the Tax Shield Benefit of Your Capital Budgeting Projects

It’s like a secret ally that can significantly impact the financial health of a contribution margin project or investment. Although tax shield can be claimed for a charitable contribution, medical expenditure, etc., it is primarily used for interest and depreciation expenses in a company. Therefore, the tax shield can be specifically represented as tax-deductible expenses. […]