If a GL account includes sub-ledgers, they are called controlling accounts. In order to simplify the audit of accounting records or the analysis of records by internal stakeholders, subsidiary ledgers can be created. Using a ledger, you can maintain an accurate record of your business’s financial transactions, generate financial reports, and monitor which accounts are […]

It’s typically tied to the perceived value of whatever is being purchased. However, there are four specific items hiding in your business today that could quickly increase your profit, sometimes by double, triple or even more. In Germany, where Premier Inn has 59 hotels, the company wants to become the biggest hotel brand and is […]