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Lightyear partners with BlackRock to bring high yield money market funds to retail investors in the UK

Accounting Insight

interest on uninvested GBP, now has a strong product for UK retail investors to make the most of global high interest rates. MMFs are mutual funds, meaning they trade and are priced daily directly with BlackRock. 1 Launching MMFs is a step change for the investment platform, which in addition to 4.5%

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Lightyear targets UK ‘solopreneur’ and freelancer market with business investment account launch

Accounting Insight

New business accounts mean freelancers can invest and earn interest on company money In 2022, the Federation of Small Businesses estimated that the UK was home to 5.5M Martin Sokk, Co-founder and CEO at Lightyear, says: “The retail investment market has come a long way in the last ten years or so. of which had no employees.

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Australia Seems Headed Toward A ‘Service-Sector Recession,’ And America Could Be Next

PYMNTS

The country’s pivot toward GDP built on the back of services — everything from restaurants to delivery to accountingmeans that decades of progress can be undone in months. Professional and business services like lawyers and accountants also plunged by 2.1 million jobs, as did retail. That industry lost 7.6

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Security Demands Spur Virtual Debit Card Adoption

PYMNTS

Major data breaches typically stick in consumers’ minds, and many are worried about keeping their debit card and account information safe. A mistake on just one merchant’s part can compromise consumers’ accounts, meaning shoppers must consider whether each business with which they transact will raise their risks.

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Blank Check Companies Set Sights On Unicorns

PYMNTS

But by letting investors (that would be the retail type) throw in their money to fund larger, better-known (and ostensibly savvier) operators like Ackman and others, the idea is that mergers and acquisitions will generate returns. .” And in yet another June bid, Hudson Executive Investment Corp.,

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Running Restaurants: A Comprehensive Guide to Restaurant Bookkeeping

Snyder

A typical bookkeeping cycle would consist of: Account reconciliation ; Payroll; Accounts payable. Reconciling in accounting means that you need to compare two sets of documents, usually a financial account statement and your company’s financial spreadsheet, in order to make sure they’re in agreement.

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Different Types of Accounting Methods (And How to Choose the Right One for Your Business)

Analytix Finance & Accounting

We’ve seen retail businesses save over $12,000 in a single tax year simply by using the right accounting method that aligned with their cash flow patterns. Better inventory management If you sell physical products, accrual accounting integrates your inventory directly into your financial statements.