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Accounting & Finance

When starting an activity or business, we are sometimes asked the question of whether there is an obligation or not to keep a regulated control of all the income and expenses of the organization. This fact varies depending on each country and Administration, so it is necessary to know the legislation and...
Keeping company accounting up to date is a basic aspect of business management, while essential. Both because of the need to have everything we sell, buy, owe or belong to us under control , as well as to review them in the event that a public body needs them, either by mere revision or by the possibility that...
The process to close a company depends on the characteristics that were adopted in its constitution. To determine how a company should be closed due to economic reasons, it must be taken into account whether it is a self-employed person or an individual entrepreneur, or on the contrary, it is a commercial...
For all those who work as freelancers and also for companies that provide and receive services from other companies, it is necessary to demonstrate payments through an official document. For this, the invoices are created, which acts as an intermediary between clients and serves as a legal representation of the money that moves between them. Steps to follow: 1.First,...
The management of a company's treasury is a task that cannot be uncontrolled or disorganized. A good treasury management will allow the company to be economically viable and to follow an adequate dynamic of decision-making in order to avoid or solve possible liquidity problems that may arise during the business year. It is very important to take...
A correct organization of financial documentation is a determining aspect in the proper functioning of any company. And, in addition, to optimally manage economic resources, carry out a daily control of accounting documents is essential to be aware of all transactions and be able to quickly solve liquidity problems that may arise. It is also...
Investment vehicles, being designed as structures with an end, must first try to recover the money invested in the different projects. For this, the manager and the employees must carry out the exit operation of the shareholders of the invested company. Cumming and Macintosh (2003) have defined 5 possible ways to materialize...
There are few companies that throughout the economic crisis have been declaring that they are in bankruptcy proceedings, since they cannot cope with the debts they have. Although we all hope not to have to present such a situation, it is never wrong to know what the process for submitting a creditors' contest is, so...
When putting it in is becoming independent and betting on your own business, becoming autonomous is the ideal option to obtain all the advantages of working without the need to be accountable to third parties, or to comply with business policies that do not meet your professional expectations. But being autonomous also requires a...
A key and central aspect of the management of any company or business is the control and monitoring of collections and payments. In fact, being up to date on the management of the capital of a company, complying with the payment conditions and obligations, as well as protecting and seeking to...