Today it is becoming more and more common to find Directors of successful businesses who are under 30. These directors are highly driven, passionate about what they do and have great ideas. They also have something else in common, they are not afraid to ask and not afraid to admit to say they don’t know something, what is even better …
It all starts here….the value in your Chart of Accounts
So, what is a Chart of Accounts (COA)? In a nutshell, it’s the list of accounts that have been set-up in your Accounting Software to record all the different revenues and costs in your business. A well thought out COA can drive real business benefits, it’s not just a means of recording data. A poorly designed COA can hamper the …