Accounting

Property management: tips and tricks

Property management: tips and tricks

Property management plays a crucial role in the administration of property and land. It encompasses a variety of tasks that ensure the property is properly managed and retains its value. These include letting properties, maintaining and repairing buildings, complying with regulations and legislation, bookkeeping and communicating with tenants and owners. Effective property management can help to increase the value of the property, [...]

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CAFM Blog: A comparison of real estate and facility management - digitalisation and efficiency.

What is the difference between property and facility management?

Property management and facility management are two important areas in the property sector that are often confused with each other. Both play a crucial role in the management and maintenance of property, but have different responsibilities and tasks. In this article, we will take an in-depth look at the definitions, differences, common goals and importance of property and facility management for property owners and occupiers. Definition of property management Property management refers to the

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Powerful comparison between property management and asset management in an urban skyline scene.

What is the difference between property management and asset management?

Property management and asset management are two important terms in the property sector that are often confused. Both play a crucial role in the management of property, but have different tasks and responsibilities. In this article, we will take an in-depth look at the definitions, tasks and co-operation between property management and asset management. Definition of property management Property management refers to the management of property on behalf of the owner. The

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Optimisation of accounts payable processes

Optimisation of accounts payable processes

The optimisation of accounts payable processes is an important step for companies to increase their efficiency and productivity. Accounts payable processes include all activities associated with the processing of invoices and payments to suppliers. This includes entering invoices, checking invoice data, authorising payments and posting payments to the system. Optimising these processes is important in order to identify and eliminate bottlenecks and weak points. Through

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Optimising operating costs: tips for greater efficiency.

Optimising operating costs: tips for greater efficiency.

Operating costs are the costs that a company has to incur for the operation of its business activities. These include expenses such as rent, energy costs, maintenance costs and insurance. Optimising these operating costs is very important for companies as they can have a significant impact on profitability and competitiveness. This article presents various ways to optimise operating costs, including energy efficiency, efficient use of resources, use of technology, regular operating cost reviews, outsourcing, sustainability and staff training. The importance of

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Facility Management 4.0: Digital transformation in building management

VAT: Everything you need to know

Turnover tax, also known as value added tax (VAT), is an important tax in Germany. It affects both businesses and consumers and plays a crucial role in the German tax system. It is therefore of great importance to understand VAT and its impact on business and transactions. Key Takeaways Sales tax is a tax on the turnover of businesses. Any business that sells goods or services is subject to

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Facility Management 4.0: Digital transformation in building management

Efficient controlling with a chart of accounts: How to keep an overview

A chart of accounts is an essential tool in a company's controlling. It enables the systematic and structured recording and monitoring of a company's financial activities. In this article, we will explain what a chart of accounts is, why it is important for controlling and how it can be created and used to improve a company's financial performance. Key Takeaways A chart of accounts is an important tool for controlling. To create a

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Bookkeeping: Tips and tricks for bookkeeping according to recognised standards

Bookkeeping: Tips and tricks for bookkeeping according to recognised standards

Want to improve your bookkeeping skills and set your business up for financial success? We'll cover the key components of good bookkeeping, common mistakes to avoid and how bookkeeping can help your business make sound financial decisions. Discover the benefits of outsourcing bookkeeping services and how proper bookkeeping contributes to the overall success of the business. From maintaining invoicing to understanding and tracking expenses, we'll give you

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Efficient accounting: tips for successful financial management

Efficient accounting: tips for successful financial management

Accounting is an essential part of every company. It makes it possible to gain an overview of the company's financial situation, make decisions and ensure compliance with legal regulations. This blog post covers various aspects of bookkeeping to give entrepreneurs a comprehensive overview. Key Takeaways Efficient bookkeeping is essential for any business. Choosing the right accounting software is crucial for successful bookkeeping. Regular bookings are important to

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Facility Management 4.0: Digital transformation in building management

Accounting terms: The ABC of the financial world

Accounting is an essential part of any business, regardless of its size or industry. Proper bookkeeping allows companies to monitor their financial situation, make decisions based on accurate data and fulfil legal requirements. In this blog post, we will cover the most important accounting topics and give you a comprehensive overview of the different aspects. Key takeaways Bookkeeping is the systematic recording and processing

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CAFM-Software: Everything you should know as a Dummie ;-)

CAFM-Software: Everything you should know as a Dummie ;-)

Are you new to the world of CAFM software and wondering what it's all about? In this comprehensive guide, we'll cover everything you need to know as a newbie. From the features and benefits of CAFM software to the different types available, we'll explore how it works and how you can choose the right one for your needs. Whether you're looking to implement CAFM software in your organisation or simply want more

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Accounting for small businesses: What do I need to consider in 2024?

Accounting for small businesses: What do I need to consider in 2024?

Bookkeeping is very important for small business owners as it helps them keep track of their financial situation and run their business effectively. In this blog post, we will cover the different aspects of bookkeeping for small businesses and give tips on how to organise it efficiently. Key Takeaways Bookkeeping is a legal requirement for small business owners Small business owners can choose between cash basis accounting and balance sheet accounting Small business owners must keep certain records

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Bookkeeping: The most important aspects of legally compliant bookkeeping [Update!]

Bookkeeping: The most important aspects of legally compliant bookkeeping [Update!]

Accounting is an essential part of every company. It enables the company's financial situation to be monitored, transactions to be tracked and reports to be prepared. Proper bookkeeping is crucial to ensure the success of a business and to fulfil legal requirements. In this article, we will take a closer look at the importance of bookkeeping for businesses and highlight the different aspects of bookkeeping. Key Takeaways Bookkeeping is the systematic

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Bookkeeping: The most important aspects of legally compliant bookkeeping [Update!]

Bookkeeping for beginners: the most important basics explained

Accounting is an essential part of every company, regardless of its size or sector. It involves the systematic recording, organising and recording of all financial transactions that a company undertakes. In this blog post, we will take a closer look at the different aspects of bookkeeping to gain a better understanding of its importance and requirements. Key Takeaways Bookkeeping is the systematic recording and analysing of business transactions. Companies need to keep accounts when

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Building in transition: Is there a revolution in the property sector?

Building in transition: Is there a revolution in the property sector?

Digitalisation has affected almost all sectors in recent years and the real estate industry has not been spared from this change. New technologies and innovative building materials, sustainability and energy efficiency, changing construction processes, smart homes and alternative living concepts are just some of the topics that will shape the future of the property industry. In this blog post, we will provide a comprehensive overview of these topics and analyse their impact on the real estate industry. Key takeaways

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Efficient order management: How to optimise your processes and save time

Efficient order management: How to optimise your processes and save time

Efficient order management is crucial for the smooth running of a company. It enables effective processing of orders, optimal communication with customers and suppliers and minimisation of errors and customer satisfaction. In this article, we will take a closer look at the importance of efficient order management and discuss various measures to optimise processes. Why efficient order management is important Efficient order management has a direct impact on business processes and customer satisfaction.

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What is the difference between operating leasing and finance leasing?

What is the difference between operating leasing and finance leasing?

Leasing is an important financing method for companies, especially those that need to make large investments but do not have sufficient capital. It allows them to use assets such as machinery, vehicles or property without having to buy them. There are different types of leases, including operating leases and finance leases. In this article, we will explore the differences between these two types of leases and analyse their impact on businesses. Key Takeaways

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