A Company Buys Equipment in Instalments but Records Only the Monthly Payments

by admin | Nov 3, 2026 | Business Insight, Credon

The new machine arrives, production begins and the company starts making its monthly payments. Each bank deduction is posted to an equipment expense account. The payment is consistent, the bank reconciliation balances and management assumes the accounting is complete....

A Business Pays Employee Bonuses Based on Profit Before Year-End Adjustments

by admin | Nov 3, 2026 | Business Insight, Credon

The year-end management accounts show a strong profit. Sales have exceeded expectations, employees have worked hard and management wants to recognise their contribution promptly. A bonus pool is calculated, approved and paid before the finance team completes its final...

Old Balances Keep Rolling Forward: When to Review Deposits, Advances and Other Receivables

by admin | Oct 21, 2026 | Business Insight, Credon

The monthly accounts contain a familiar list of balances: a deposit for premises the business no longer occupies, an advance to a supplier whose project has stalled, and several amounts described simply as “other receivables”. They have appeared in the reports for so...

Before Bringing in an Investor: Financial Records That Need More Than a Quick Clean-Up

by admin | Oct 20, 2026 | Business Insight, Credon

An investor expresses interest, and the business begins assembling its financial information. The latest accounts are exported, outstanding invoices are gathered, and someone updates the forecast prepared for the previous year. Management expects a short exercise...

Your E-Commerce Business Is Growing Across Platforms. Which Channel Actually Earns the Most?

by admin | Oct 13, 2026 | Credon

Orders are increasing across your online store, marketplaces and social selling channels. One platform regularly produces the highest sales, another brings more repeat customers, and your own website gives you greater control over the shopping experience. Each appears...

Your Restaurant Group Shares One Central Kitchen. Are You Measuring Each Outlet’s Profit Fairly?

by admin | Oct 13, 2026 | Credon

A central kitchen can help a restaurant group prepare ingredients consistently, consolidate purchasing and reduce duplicated work across outlets. As the network expands, one production team may supply sauces, baked goods and prepared components to several locations...