Rayvat Accounting

  What does it mean to finance an asset? Asset financing refers to the use of a company's balance sheet assets, including short-term investments, inventory and accounts receivable management , to borrow money or get a loan. The company borrowing the funds must provide the lender with a security interest in the assets. Intangible assets are the valuable property that is not physical in nature. They include patents, trademarks, and intellectual property. What is an Asset Based Loan? Asset based business lending (ABL) is a types of commercial financing in which funds are provided after they are secured with assets on a company’s balance sheet. Such asset based loan collateral may be accounts receivable, commercial real estate, equipment or other business assets. Asset based lending usually comes in two types of facilities: term loans and lines of credit, but are also available in other forms like factoring, merchant cash advances and ACH financing. Factoring, cash advances and ACH an...

A financial statement is not just designed for the business or entrepreneur. Shareholders, employees, management, bankers, suppliers, and other interested stakeholders will peep into the statements or demand the document on a regular basis in order to make crucial decisions. The statements will also be crucial for accurate tax returns preparation and other statutory filings. Several elements must be captured in the statement so that it can serve the intended purpose. Elements of Financial Statements Here are the 5 basic elements of any financial statements Assets :- These are resources owned and controlled by the business for which present or future benefits may flow to the business. When balancing the accounting equation, asset value will be the difference between equity and liabilities. Examples of assets include computers, land, cash, inventories, goodwill, prepaid expenses, and property, among others. Liabilities :- Liabilities are obligations that the business must...

Offering clients net-30 terms is usual for lots of companies. Some companies don't have the cash books to wait that long for payment. Accounts receivable financing aids companies by enabling them to finance their slow-paying invoices. If it is a great fit for your business, this post shows you just how the receivables financing process functions so you can decide.  Step 1: Due diligence and account setup The initial step of the receivables financing process is doing the due diligence so the account can be established. The due diligence enables the finance business to determine if your business can be financed. The finance company usually checks: The credit quality of your clients Your receivables aging report If any liens encumber your receivables If your corporate taxes are up to date The relevant background of the business owners If you ask for a huge funding center, the finance company also assesses your business's financial statements. Whe...

Every business needs to have a revenue target which they need to fulfill within a given time frame. There may be deviations from the path to achieving the objective, but eventually, we can attain the goal if we have a specific plan. The path or road map that we need is a financial budget, and it is indispensable for the prompt and long-term success of our business. We can understand the bigger picture and prepare ourselves for any business challenges down the road.  What Does a Budget contain? A budget gives us a snapshot of the revenues versus the expenses incurred by our business for a given period which could be a month, quarter or a year. This is our Cash Flow Management . The Best Time to Create a Financial Budget The right time to prepare a financial budget would be now! The budget should cover a minimum time frame that gives us enough insight into the future. A ballpark figure for the time frame would be 12 months so that we can get a perspective of the future busi...

Outsourcing a company’s finance and accounting operations is a major decision for key stakeholders due to the sensitivity of the information involved. Organizations tend to exercise extreme caution while selecting a Finance and Accounting Outsourcing Services partner. While Finance and Accounting Outsourcing (FAO) services have been around for long – at least since the early 90s – their usage was dominated by firms located in the United States. However, with the passage of time, companies from other regions around the world started using these services, and they have grown phenomenally since then. Not only cumulative business, but the kind of work being handled by FAO services has evolved. Initially, companies would only handover repetitive and simple tasks to these firms. Today,  Outsourced Financial Services  have expanded their scope across  accounts payable  and receivable, travel expense management, supply chain accounting, payroll processing, payment...

Accounts receivable is the payment that the company is due to receive from its customers. This payment is valid for people who have purchased its goods or services. The credit period for this account usually varies from few days to few months and in some cases may reach up-to a year, it all depends on the kind of contract the two parties may sign.  our  accounts receivable outsourcing services  can help improve your cash-flow and op-ex by giving you the data and analytics needed to monitor your customers’ activity, credit, and more. Let’s imagine a situation, where the customer has used or is using your goods/services. They are not paying your apt due. So, what will you do, chase the firm, until they pay you, or keep on badgering them for the payment. Whatever the method you adopt, it’s the extra time that you are going to input which could have been used better. How about you go for  Accounts receivable outsourcing .  This helps you to keep a detail ...

In small businesses, most of the times employees are overburdened with work. Time has changed and the accounting services are not confined to the traditional ways rather innovations are there. There are  Accountancy firm for small businesses  and even more  online accounting services  are also there. These prove handy for business as it is more beneficial. Reasons why online accounting services are fruitful: 1.Efficiency There are some accounting firms for small businesses like Rayvat Accounting who hires best Accountants, CAs, CPAs that work in the best way to provide satisfactory work to the clients. Relieving you from the duties of Bookkeeping and maintenance of account statements. Online accounting services are user friendly as it is easy to use and learn also for the small or day-to-day business. It tends to reduce the paperwork and helps the employees to be more productive 2. More Accuracy The accounting firms for small businesses provi...

With a viable   Outsource Accounts Payable Services , any association can proficiently deal with the income and the working capital, while creating and keeping up solid merchant connections. The more effective your Accounts Payable procedures are, the more you can spare. Being a standout among st the most essential parts of a firm,   Accounts Payable services   ought to dependably be taken care of by talented and prepared specialists who guarantee perfect handling while at the same time conforming to all the relevant applied policies. Here are the best focal points of outsource the accounts payable services: Cost Savings:   A standout among st the most noteworthy advantages of outsourcing creditor liabilities administrations is the cost investment funds. When you outsource the assignments, you get profoundly aggressive rates and you don’t have to employ a devoted group of   accounts payable specialists   and along these lines, you can spare their ...

About Outsourced Accounting Used by a Client For a few organizations, this implies an in-house bookkeeper or bookkeeping division, contingent upon the organization estimate. For others, it implies finding a qualified  accounting services company  to which it can outsource its budgetary record administration. Does your business outsourced accounting services needs? Have you pondered it? Regardless of whether you’re going back and forth or completely settled, it’s great to have a strong comprehension of what outsourcing implies. Outsourced  accounting,  bookkeeping , and controller administrations have turned into a more typical answer for private companies today. Why? The focal points, which used to be just delighted in by mid-market and undertaking organizations, are getting to be comprehended by littler organizations. For the organizations who outsource their books, the choice means sparing time and cash, gaining admittance to brilliant accounting administra...

RAYVATACCOUNTING understands that for a business to maintain a strong and resourceful inflow of funds, intelligent  Accounts Receivable Management Services  is crucial for your business. accounts receivables management is an important aspect which enables our clients to effortlessly control every account with a regular follow up on extensive reporting on the activity of the account and outstanding invoices. Accounts receivable management enables the business in making quick transaction when it comes to pending invoices and payments. RAYVATACCOUNTING provides the best of receivables management to boost your business, since a steady cash flow is the heart of any business. Rayvat Accounting offers businesses in the USA as well as the UK to completely or partially outsource their accounts receivables functions to turn it into a much smoother and faster process. Benefits of Accounts Receivables Management to Rayvat Accounting Rayvat’s intelligent receivables manageme...

The department in any corporation or personal business that is answerable for the daily management of funds and cash of the corporate we will discuss the  Accounting and Financial Services . This department is all known as the heart of the organization because it is accountable for however the company’s cash is spent, and if the funds of the corporate don’t seem to be managed properly, the business would merely fail. The department deals with daily payment of transaction billing, taxes, and other finance related matter at an awfully high volume on a usual. Therefore, the existence and also the strength of this department are extremely vital. With the extraordinary competition within the market, corporations would like sensible management of funds and techniques to succeed. Also, companies are looking for strategies to reduce costs and increase productivity of their companies, due to this the companies willing to  Online Accounting Services . Few facts have given rise to ap...