Simple or Full Accounting Software? Match Your Size
Why a full system fails in a small business as surely as a simple one fails in a grown one — and four signs that settle it
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Articles and guides on Accounting — Page 2
Practical guides and the latest articles on "Accounting" from the Snad blog — an integrated business management system for small and medium companies in Saudi Arabia. Written for the Saudi market, so you can understand the topic and apply it in your own business.
Consignment Accounting: When Consigned Goods Become Revenue
Some goods sit in your shop but are not yours; others sit with your agent and have not sold yet. When does that count as a sale and revenue, and when does it stay a consignment?
Multi-Branch Accounting and Consolidated Financial Statements
You have expanded to two branches or more — so how do you know each branch's profit on its own and see your whole business at the same time?
Freelance and Sole Proprietor Accounting in Saudi Arabia
Working for yourself or running a sole proprietorship? Here is how to organise your income and expenses, keep business money apart from personal money, and get ready for tax.
Subscription Revenue Accounting: Deferred Revenue and MRR
You collected a year's subscription upfront — but did you earn all of it today? Why sharp operators separate cash collected from revenue earned.
Provisions and Bad Debts: Recording Losses Before They Hit
Why wait for a loss to materialise before you book it? The difference between a provision and a reserve, and when to write a debt off instead of providing for it.
Foreign Currency Accounting and Exchange Differences Explained
When you import or export in a foreign currency, which exchange rate applies? And how do you treat the gain or loss when that rate moves?
Finance Lease vs Operating Lease: IFRS 16 Accounting Guide
When does a leased asset become a liability on your balance sheet, and when does it stay a simple expense? The distinction that reshapes your financial statements.
Revenue Recognition Under IFRS 15: When a Sale Becomes Revenue
Why collecting the cash is not enough to record revenue, and how to apply the five-step model to your contracts and sales.
Cash vs Accrual Accounting: Which Basis Fits Your Business?
When do you record revenue and expenses: the moment cash moves, or the moment it is earned? The answer changes your profit and your tax return.
Double-Entry Bookkeeping: The Principle Every System Runs On
Why every transaction has two sides, a debit and a credit, and how the accounting equation keeps your books permanently in balance.
Working Capital: How to Measure It and Avoid a Cash Crunch
A practical guide to working capital: the definition, the formula, the cash conversion cycle, the healthy ratios, and why a company can look profitable on paper while its cash dries up — plus how to stop that happening.
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