Data Driven Decision Making: What Is Business Intelligence?
Technology
The power of data can't be understated, especially in the current competitive business environment. As the capabilities of analytical software and data collection improv...
BC Societies Act Financial Reporting Requirements [Podcast]
NPO
November 2016, The BC Societies Act came into effect to govern the creation and operation of not-for-profit organizations. Key financial reporting changes from the previ...
The Entrepreneur’s Relationship With Accounting Data
Bookkeeping
The Importance of Cash Flow Statements (And How to Prepare Them)
Accounting
Effectively managing and monitoring a company’s cash flows serves many purposes. Not only does this information enable stakeholders to monitor and prevent company debt...
Deferral vs. Restricted Fund Method For NPOs
Accounting
Accounting isn't always easy to master, especially for those who don't live and breathe the specifics of accounting rules and regulations. However, some policies are mor...
The Importance of Working Capital in Small Businesses
Accounting
Working capital is a term small business owners need to be familiar with, as it is the cornerstone of their daily operations. A good understanding of working capital is ...
The Successful Bookkeeper – How Coffee Meetings Lead to Business Referrals
News
The
4 Steps to Making 2024 the Year of Clean Data
Bookkeeping
When you woke up on January 1st, I bet you had a lot of New Years Resolutions floating around in the back of your head. It’s always a great time to try something new â...
2017 Enkel’s Year in Review
News
2017
How to Read Not-for-Profit Financial Statements
Accounting
Many not-for-profit organizations we work with require a set of financial statements at the end of every month, including a statement of financial position, statement of...
What I learned at Xerocon 2017
News
This year’s Xerocon conference in Austin, Texas was a fantastic experience that has made me even more excited about building a technology driven outsourced accounting ...
Xero Announces Enkel as West Coast’s First Gold Partner
News
As many of you know, we have been keen supporters of Xero since the early days of Enkel. This week we were announced as Xero’s first Gold Partner in Western Canada, wh...