A P&L gives #SMBs & #SMEs the crucial understanding of the actual net profit of their business. Income Statement: An Overview https://t.co/RlKT0aYIL0 #accounting #cashflow https://t.co/8TLmTYbSiD

PayPie Updates Dear Community, It's time for our monthly updates and we are getting more and more excited about our official platform launch in Q3 2019. Development keeps progressing steadily and we are releasing advanced functionalities to the small business side of the platform. Businesses will be able to not only see cash flow projections in the program but also to drill down on details to see what transactions are directly impacting on the forecasts. This means that SME data will get even more accurate for the risk assessment side of the platform and both businesses and token holders will ultimately benefit from it through PayPie's analysis. Still, our marketing strategies keep succeeding at full stream ahead and hundreds of more SMEs are signing up on a monthly basis with a good chunk of them already connecting their QuickBooks Online accounts to PayPie. This not only helps the company to increase the pool of potential businesses benefiting from our token ecosystem but also helps to improve software development due to larger data sources. Everything is moving along to culminate to a successful platform launch for all users. Our growth strategies are also in place to be executed on specifically generating awareness and adoption of the PPP tokens. Once the time is right, we are ready to unleash our potential and take the PPP token to be discovered by millions of people worldwide. PPP tokens are to be used on a platform with the potential to reshape industries and we want to make sure the crypto community is well aware of it. On the offer side, we are still working on the exact numbers but we can share that PayPie community has been very supportive of our initiatives and we believe that we have enough funds to execute on our business plan and to make PayPie a successful platform. Thank you again for all your support and for showing that you truly believe in the change PayPie can bring. Our team is now in the process of reviewing all claims and, once the process is concluded, steps will be taken to process all transactions in a safe manner. Once all transactions are done and all steps are finalized and the platform is officially launched, we will execute on the remaining milestones aiming to have PPP tokens bought and sold to be used on the platform at its full utility. Milestones achievement is critical for our success and we are getting close to using PPP tokens on our live platform! #GoPayPie

A cash flow statement brings information from the income statement and balance sheet together by analyzing the flow of cash through the company in terms of day-to-day operations, capital investments and financing activities. (#cashflow basics to remember.) https://t.co/tEZClgxXE2 https://t.co/NdPmCHmi83

Your break-even point (BEP) is the point when your income is equal to your costs. The tricky part is figuring this out. https://t.co/mwIX925a0G #SME #SMB #cashflow #theresanappforthat https://t.co/RV5bBGp8ek

KPIs have to be: Measurable Impactful Attainable Time-Sensitive Learn more about tracking #KPIs for your #smallbiz and how they affect your #cashflow and overall business performance. https://t.co/6kiDmB1U8B https://t.co/60uQAOjKcl

If you were a #smallbusiness, what are some of the questions you’d want your #accountant to answer? (Hint - we can help.) https://t.co/J4AR05Dt1z #accounting #bookkeeping #SMEs #SMBs https://t.co/KTLVIuwqFR

If you’ve ever heard someone use the phrase “net terms,” then you’ve heard of trade credit even if you didn’t know it by its other name. (🌹A rose by any other name smells as sweet, right?) https://t.co/NAb1emkc90 #cashflow #SME #SMB https://t.co/iaJwF0VkNa

Weather forecasts are tricky. Cash flow forecasts can be a piece of cake... especially when you connect QuickBooks Online with PayPie. https://t.co/ke2M6Rv5lD #cashflow #smallbiz #QBO https://t.co/pNUQ60uTT8

Your balance sheet shows your net cash, and your cash flow statement uses that number as the basis of its documentation for your cash position. Brush up on your balance sheet basics. https://t.co/pXS3A9lT8q #cashflow #SME #SMB #accounting https://t.co/cHGfLayhBP

Whether or not you realize it, there’s a high likelihood that you know what a term loan is. Or at least understand the concept. Term Loans: Understanding The Essentials https://t.co/X6fFxJidDV #SME #SMB #cashflow https://t.co/yH4xlF38hb

SMEs live and die by their operating cash flow. Small businesses of all sizes consider cash flow one of their top 5 challenges. Among failed SMEs, 60% cited cash flow as a cause. #cashflow #statistics https://t.co/P21P5sFdad https://t.co/1QFisVOVyQ

PayPie Issues Updated Whitepaper and Audited Financial Statements with Rescission and Restoration Offer   PayPie Blockchain, Inc. has published an updated White Paper following its pre-ICO that occurred on October 8, 2017. The updated White Paper was prepared following discussions with the British Columbia Securities Commission and includesPayPie's current business plan and audited financial statements. In connection with the updated White Paper, PayPie has agreed to make a rescission and restoration offer (Offer) to Eligible Purchasers who participated in the pre-ICO. The terms of the Offercan be found by visiting PayPie's website: https://www.paypie.bb/   "We truly believe in the power and potential of PayPie, and will continue to focus our energy and resources on supporting positive developments for PayPie around the world," said Nick Chandi, CEO. "While the current market volatility and regulatory environment have resulted in significant challenges for crypto companies, we believe that the PayPie platform demonstrates a business use case that will be part of the next wave of crypto companies that bring the token economy into mainstream application and use. We appreciate the efforts of the Commission in guiding us through this process and now look forward to putting all of our efforts and resources into building the PayPie business. I am deeply grateful to our token holders for their patience and continued support, and am thankful to our legal team at Farris for their continuous engagement in a challenging regulatory environment. We believe that the Offer is the most expeditious way for PayPie to continue to advance its goal of launching a fully developed and operational platform for the use of PayPie tokens in the emerging crypto and token economy."   PayPie is developing a distributed ledger technology platform aimed at providing token holders and business owners with a disruptive technological tool that it believes will reshape the way in which businesses finance their growth. The PayPie Platform's disruptive technology is aimed at reshaping the way in which businesses understand and improve their financial situations and access credit when needed. PayPie will be launching several targeted campaigns to facilitate the onboarding of future customers following completion of the Offer and public launch of the PayPie Platform. PayPie invites users to continue to visit its website to stay informed as it begins the next chapter of the PayPie vision.

Bonus credit — name three differences between personal and business credit. https://t.co/l9TRSBLYoI #SME #SMB #cashflow https://t.co/uO5IvTuno7

80% of businesses who perform monthly cash flow forecasts survive. 100% of #SMEs and #SMBs find that connecting PayPie to their QuickBooks Online account makes creating daily and monthly cash flow projections easy. https://t.co/AiulJ7UbNa #cashflow https://t.co/enMop88oi8

💵How well you budget your #cashflow 💵How you manage your working capital 💵If you’re making the money you should be 💵Where you fall relative to industry peers 💵If your capital asks are realistic 5 Stories Your Financial Statements Tell https://t.co/2shFN9W2mC #SME #SMB https://t.co/wxegIVXhKh

Cash flow forecasting helps you visualize how money is moving in and out of your businesses. It also helps you determine what kind funding you need. How #cashflow forecasting maximizes #SME & #SMB funding. https://t.co/rT3t6Jj6cG https://t.co/KS9AtW3Eaq

There's no "i" in "team" — but there's definitely one in KPI (key performance indicators). Here's what they are and what they mean to your #SME or #SMB. https://t.co/6kiDmB1U8B https://t.co/moOK9mwY2a

When you hear that 40% of #SMBs & #SMEs claim that doing their own #bookkeeping and taxes was the worst part of being a small business owner + another 64% do their bookkeeping by hand, it’s easy to see where the opportunity lies. https://t.co/Xhg6UoLOk3 #accounting https://t.co/0jTEzKUBu3

COGS, one of the most aptly named acronyms in #smallbusiness #accounting, is how much it costs you to make your product or provide a service. It's short for the costs of goods and services. Learn more fun facts about #COGS. https://t.co/aqupXc0nz7 #SME #SMB https://t.co/wad1gCttqh

Financial ratios help small business owners who want a fuller picture of their company’s overall financial health. Learn about 4 ratios that relate to your #cashflow and business performance. https://t.co/tQLSxSCsfd #SMB #SME #accounting https://t.co/x5KHNGh0pr

Extra, extra — read all about it! The best #cashflow books for #smallbusinesses — with recommendations for beginners through to pros. https://t.co/scTh4cMYUo #accounting #bookkeeping https://t.co/Pnqh3IMjSA

Business credit report. Hmm… it sounds serious. It kinda is. https://t.co/S2UgxZ7RaM #cashflow #SME #SMB https://t.co/jxedp9UJkI

Recurring revenue is earned money that flows into your company at predictable intervals. Here are 5 models for generating it. https://t.co/nv5FkIMYCh #SME #SMB #cashflow https://t.co/EjBcUUTMHb

If your payment history with a vendor is inaccurate, contact the vendor before going to the credit bureau. Fixing #business credit report mistakes. #SMB #SME #cashflow https://t.co/Ms7dtxItyZ https://t.co/qbsvwaR0Pl

PayPie Updates Dear Community, Our platform is being updated to deliver a more clearly outlined experience for financial advisors and SMEs. We are developing a new way to present our data in which the cash flow forecasting insights that we provide don't mix with the financial analysis information. This software update is being developed based on direct feedback from accountants and SMEs using the platform as these audiences have different needs. These improvements will enable current and future users, including token holders, to focus on what's most relevant to them in a more straightforward way. If you are an SME worried about achieving better cash flow, you will simply log in in the platform and focus on that right away. If you are an advisor after assisting business clients to look better in front of lenders, you will also immediately see all pertinent information is a clearer way. These changes are not just visual, but also in the financial algorithms used to power our analysis. This means that analysis will become more accurate, meaningful, and reliable. Outside development, business growth is also blooming and there are now over 1,500 users signed up on the platform. The majority of them is comprised of SMEs and we are also seeing considerable adoption among accounting professionals. That goes very aligned with our goals and indicators show that strategy and execution are on the right track for when the full platform is launched out of beta. In the regulatory front, our audited financial statements were reviewed by regulators and a few adjustments were recommended, which is ordinary in such processes. Those adjustments are already being done and the revised audited financial statements will be sent back for review in the next days. We have no reasons to believe that things should take long as all recommended changes are being fully followed. We expect the process to be concluded sooner than later and our platform to be empowered to thrive full steam ahead. #GoPayPie

👉24% of SMEs say that their customers are often late paying their invoices. 👉28% of SMEs worldwide struggle with late payment. Small Business #cashflow #statistics: The List to End All Lists https://t.co/P21P5sFdad https://t.co/hzOX33dfgX

Cash flow management is a top concern for #SMEs & #SMBs. With PayPie, #accoutants & #bookkeepers can help businesses better understand how to boost #cashflow and improve financial health. https://t.co/1GWTtXI472 https://t.co/QurfAUR4BF

A credit card can also help you manage your company’s cash flow — especially if you use it as a primary purchasing tool. #SMB #SME #Cashflow https://t.co/L9NhGDRm2n https://t.co/0kyhrqVsSd

Financial Health is a Strategy — The 5 C’s of Credit Explained https://t.co/iLhA7vgP5p #SMB #SME #cashflow https://t.co/OMheJqhfCA

Be Informed and Empowered With just a few clicks, PayPie makes seeing the variables that affect your bottom line simple and intuitive. #cashflow #SMB #SME https://t.co/Vuk3xZUIht https://t.co/lyRSgKfQ9y

Business credit cards help build a business credit history and streamline expense tracking. 💳Best Business Credit Cards in Canada [Checklist Included] 💳https://t.co/83DHhdt53I #SME #SMB #cashflow https://t.co/2ewTm3TgX0

Why should you use a cash flow forecast for your #smallbiz? The more you often you complete one, the better perspective you’ll get of how your business is really performing. https://t.co/FyYOX1ztou #SME #SMB https://t.co/RLPrZwMX34

Most small businesses (#SMBs) consider their accountant their most trusted advisor. Be even more trusted and valued by offering strategic #cashflow forecasting and performance analytics. https://t.co/1GWTtXI472 #accounting #bookkeeping https://t.co/wNIr1y1v5I

PayPie Updates Dear Community, This month we launched our cash flow calendar to help businesses improve their finances in a more granular, short-term way. The reality that the vast majority of small businesses face is only keeping enough cash at hand to take them to the next month, meaning that a cash flow calendar has the potential to reshape the way these businesses make decisions on when to access for alternative cash streams such as invoice financing using tokens. Accessing the industry-unmatched PayPie data will require PPP tokens. Despite being the busiest time of the year for accounting professionals due to the tax season, we were also able to directly connect with dozens of accountants and got their first-hand experience and feedback to help us improve our platform to solve their clients' real needs regarding cash flow and financing ability. Accountants are heavily involved as advisors in guiding businesses that strive to overcome day-to-day cash flow challenges. This is enabling us to further tweak our solution to separate what's really relevant from what's not and to present data in a more intuitive and clear way. All with the ultimate goal of having SMEs ready to go for benefiting from all of PayPie's capabilities once the time comes. On the Single Ledger project, considerable progress was made on the technical front and we have started introducing the platform to other online accounting platforms. We also had an in-person opportunity to pitch and evangelize the idea to another North American accounting platform. Early discussions indicate that they also believe that this is where the future is leading the industry and that the possibilities are limitless. Further outreaches to other players will take place in the coming months. On the regulatory end, we completed and submitted the final drafts of our updated whitepaper and of our audited financial statements to our local regulators. This means that the ball is in their court and that we are simply waiting for review and feedback now. We will share our updated whitepaper and our audited financial statements with the community once we reach an outcome, which will place the platform in a positively rare position in the blockchain space as sharing audited financial statements is certainly something not many companies in this industry do. Things are black and white now and we are looking forward to further develop our platform business capabilities. #GoPayPie

Mingling is for social events — not your personal and #smallbiz finances. Read more about the golden rule of keeping them separate. #accounting #bookkeeping https://t.co/C3DjRVDfwe (We're not fooling.) https://t.co/u8IPgM3XeR

Improve the cash flow for your #accounting or #bookkeeping practice this year — and your #SME clients' #cashflow too? Advisory services, like cash flow consulting, can help. https://t.co/J4AR05Dt1z https://t.co/TryJfpI2My

We hope this isn't to personal... but, "Are you doing SMAC?" SMAC = Social, Mobile, Analytics and Cloud https://t.co/R4sofExbtL #SME #SMB #accounting #bookkeeping #technology https://t.co/Y3rP772iPO

Rule: No one likes #Monday Golden Rule: Keep your personal and business finances separate. https://t.co/C3DjRVDfwe #cashflow #SME #SMB https://t.co/J4kDdU7w53

Beware the Ides of March... and being an #SME with #cashflow problems. It's better to be on this list of the 10 best businesses for cash flow. https://t.co/yuoGUdfQK9 https://t.co/IWDUXdN2bE

Look both ways before you cross the street. Keep your business and personal finances separate. There are some #rules you should always follow. https://t.co/C3DjRVDfwe #smallbiz #cashflow #accounting https://t.co/I6rYaZrNGg

Cash Flow vs Profit #Cashflow is the pattern and amounts of cash that move in and out of business over a set period of time. | #Profit is the total amount of money that a company brings in, minus the total expenses. See why else they're different. https://t.co/RiUMKuASdR #SME https://t.co/K3SkxgaQCR

As the people establishing financial processes, #accountants and #bookkeepers have a unique opportunity to get small businesses using accounting technology. https://t.co/Xhg6UoLOk3 #cashflow https://t.co/WU4WGsOggA

SMEs represent 99.9% of all US businesses. 97.9% of all Canadian businesses are SMEs. SMEs also represent 99% of all businesses worldwide. The end-all-be-all list of #smallbiz #cashflow statistics https://t.co/P21P5sFdad https://t.co/OUm3XV065F

Most small #SMBs & #SMEs consider their accountant their most trusted advisor. Build on this even more by taking a business’ key financial data (from their own #QBO account) and making them more visual and intuitive. https://t.co/1GWTtXI472 #accounting #bookkeeping https://t.co/Zbc1r7v5Bt

Your income statement, balance sheet, and cash flow statement give the full picture of how your #smallbiz is performing financially. Uncover the 5 stories your financial statements can tell. #SME #SMB https://t.co/2shFN9W2mC https://t.co/HPmITIo7t7

Data visualization literally lets you picture your data. PayPie’s cash flow dashboard helps businesses drill down through their cash flow data in order to clearly identify patterns in: -Accounts receivable vs payable -Sales vs profit -Income vs expenses https://t.co/Qy0CajRSej https://t.co/2e7PJukFyV

“CPAs with technology: You have the power to change your customers’ lives.” — Jody Padar, CPA, MST, @AccountingToday Why #accountants should offer cash flow consulting to #SMBs & #SMEs https://t.co/1k2dvbCNBV https://t.co/F4zHDlGLm2

By 2020, 1.7 MB of data will be produced every second for every living person. You #smallbiz financial data can feel just as overwhelming — but it doesn't have to be. Discover simple, fast and easy-to-understand #cashflow forecasting. https://t.co/IjN9XFFoCf #SME #SMB https://t.co/dSx1co83iX

A recurring positive cash flow is a predictable, reliable income source, like retainer or subscription fees, while recurring negative cash flow is a consistent expense, like payroll. #cashflow basics #SME #SMB https://t.co/tEZClgxXE2 https://t.co/W5kA35Kx8w

Predictable income is perhaps the most obvious benefit to building recurring revenue for your #SME or #SMB. But, in generating and monitoring recurring revenue, there are other insights you can build upon to improve #cashflow. https://t.co/nv5FkIMYCh https://t.co/9lGb1zScH6