Accounting is the foundation of any business, large or small. Having accurate and timely financial data is of utmost importance to any successful business as it allows for management, owners, and stakeholders to make informed financial and operational decisions.
The tax obligations that companies and individuals currently operate in is characterized by constant change and increased complexity. Business and financial decisions are impacted by regulatory challenges placed by tax authorities with ever-increasing enforcement initiatives.
Current legislation has left no doubt that in as many cases as possible the law will aside with the employee in many circumstances. That is why it is important to make sure that your payroll is done correctly and as accurately as possible.
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wherever your business takes you.
I have run portions of my North American company in the cloud for many years and have worked with various bookkeepers and accountants. Based on my experience as a business owner, I highly recommend SAENICSA for the services they will be able to provide for your business.
They are on top of all the details and I really appreciate all the reminders and tips about the monthly filings, payroll obligations and so on. They are also an incredible resource for anything Nicaragua and have also been great at providing us with some longer term financial advice. We highly recommend Mario and his team at SAENICSA.
One of the most important, but greatly overlooked statements within your financial statements is your Balance Sheet. This is because the Income Statement or what is also known as the Profit and Loss (P&L) statement is usually the go to statement that many business owners focus a lot of their time on simply because itJuly 7, 2020
Due to the current global pandemic of the #COVID19 and other factors that have had a significant impact on the Nicaraguan economy, many people and many businesses could renegotiate the credit terms of their credit cards, vehicle credits, mortgages, SME credits and others would do very well. Therefore, if you have not yet seen theJune 30, 2020
The answer to this question may seem self-explanatory, but that is not necessarily entirely true. What do I mean? I mean that even though a possible answer to this question could simply be left at “business expenses”, in accounting there is a little more that can be said regarding the types of expenses that areJune 26, 2020
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