Working capital is a core component of effective financial management, which is directly tied to a company’s operational efficiency and long-term viability. This metric serves as the lifeblood of a company’s operations, reflecting its ability to meet financial obligations. A higher cash flow signifies that the organisation’s income surpasses its expenditures, while lower cash normal […]

Oftentimes, employers like to use these types of accounts to deposit their employees’ salary. Banks analyze how often money moves in and out, as well as the sources and destinations of funds. Frequent transfers between multiple accounts or payments to high-risk entities can raise concerns. Importance of Debit and Credit Memos in Business DDAs are […]