Blog

Compiled insights and resources from our team.

Knowledge

How to Set Up Custom Rules for Bank Transaction Categorization

Most accounting tools rely heavily on these rules to function properly. But with Adam by Tyms, rule-setting is optional . Adam can auto categorize your transactions accurately on its own by learning your spending patterns and behavior.

T

Temitope A.

Dec 3, 2025

Knowledge

Fastest Way to Analyze Your Expenses Using AI

Discover how AI helps you analyze expenses instantly—no spreadsheets needed. Auto-categorize transactions, track spending, and make smarter financial decisions.

T

Temitope A.

Nov 20, 2025

Accounting software

Highly Recommended: Top 76 Accounting Tools for Small Businesses

The right accounting software can streamline your financial management, improve accuracy, and save you time. In this article, we'll explore the top 76 accounting tools that can help take your business to the next level.

T

Temitope A.

Oct 22, 2025

Financial statementsKnowledge

The Fastest Way to Generate a Profit & Loss Statement

Are you looking for a quick and efficient way to create a simple profit and loss statement? Use our free income statement generator tool to get your report in minutes.

T

Temitope A.

Sep 29, 2025

Knowledge

Features to Look for in Salon Accounting Software

Managing a salon is tough without the right tools. See the top features every accounting software for salon should have in 2025 — from commission tracking to AI-powered reporting.

T

Temitope A.

Sep 19, 2025

Accounting software

Why Smart Accounting is the Backbone of Every Successful Small Business

Smart accounting provides small businesses with the financial clarity needed to manage cash flow, track expenses, monitor profitability, and make informed decisions. Discover why building a strong accounting foundation is essential for sustainable business growth.

Tyms

Tyms

Aug 7, 2025

Accounting software

Inventory Management made easy for Retail Business Owners

Effective inventory management helps retail and manufacturing businesses reduce stock losses, monitor product movement, calculate accurate costs, and improve profitability. Learn how smarter inventory tracking can support better business decisions and sustainable growth.

Tyms

Tyms

Aug 5, 2025

Accounting software

Supercharge your QuickBooks with AI

Managing business finances can often feel overwhelming, from scanning bank statements to entering transactions and ensuring every record is correct. With the power of AI, however, these challenges can be transformed into a streamlined, intelligent process. Adam by Tyms is here to simplify accounting by syncing with QuickBooks effortlessly, so you can focus on growing your business.

Ibrahim A.

Ibrahim A.

Apr 23, 2025

Accounting software

QuickBooks vs Other Accounting Software: Which One Really Works for Small Businesses?

For decades, QuickBooks has been the go-to accounting software for small businesses. Its name is practically synonymous with bookkeeping, payroll, and financial reporting. However, as business needs evolve, many founders and financial professionals are starting to ask: Is QuickBooks still the best choice for small businesses today?

Ibrahim A.

Ibrahim A.

Apr 20, 2025

Accounting software

6 Benefits of Automating Your Business's Bookkeeping With AI

AI-powered bookkeeping helps businesses save time, reduce manual errors, gain real-time financial insights, simplify tax preparation, and scale with confidence. Discover six key benefits of automating your bookkeeping with TYMS.

Tyms

Tyms

Jan 30, 2025

Accounting software

20 Business Accounting Checklist for Every Small Business

A strong accounting system is essential for every small business. Explore 20 practical accounting best practices to help you manage finances effectively, maintain accurate records, stay tax compliant, and support long-term business growth.

Tyms

Tyms

Sep 21, 2024

Accounting software

19 Small Business Statistics Every Business Owner Should Know

Understanding key small business statistics can help entrepreneurs make better financial and operational decisions. Explore 19 important insights on business survival, cash flow, technology, marketing, and growth to build a more resilient and successful business.

Tyms

Tyms

Sep 20, 2024

Accounting software

AI-powered document automation for accounting firms

AI-powered document automation helps accounting firms streamline document management, reduce manual data entry, improve accuracy, and prepare financial reports faster. Learn how TYMS simplifies accounting workflows and enables firms to serve more clients efficiently.

Ibrahim A.

Ibrahim A.

Jul 23, 2024

Tax

Things You Need to Do to Mitigate Tax Hassles

Tax season doesn't have to be stressful. Discover practical ways to stay organized, track your finances, maximize eligible deductions, and simplify tax preparation with the help of accounting software like Tyms.

M

Mobolaji M.

Mar 18, 2024

Financial statements

Contents Of a Quality Management Report

A quality management report provides valuable insights into business performance, supports informed decision-making, and drives continuous improvement. Learn the essential components every effective management report should include.

Tyms

Tyms

Mar 18, 2024

Knowledge

Definition of common terms used in inventory management

Learn the essential inventory management terms every business owner should know, from opening stock and inventory valuation to FIFO, LIFO, stock adjustments, and shelf life. This guide explains key concepts used in Tyms to help businesses manage inventory efficiently, improve stock control, and make informed operational decisions.

Tyms

Tyms

Nov 8, 2023

Banking

Introducing Automated Bookkeeping with Bank Rules and Reconciliation

Automate your bookkeeping with Tyms using Bank Rules and Bank Reconciliation. Automatically categorise bank transactions, reduce manual data entry, reconcile accounts more efficiently, and maintain accurate financial records with streamlined banking workflows.

Tyms

Tyms

Sep 1, 2023

Financial statements

Introducing Basic Budgeting Versus Actuals and Variance Tracking

Manage your budgets more effectively with Tyms' Budget vs Actuals and Variance Tracking feature. Compare planned budgets with actual expenses in real time, monitor spending variances, and gain valuable insights to improve financial planning and decision-making across your business.

Tyms

Tyms

Aug 31, 2023

Knowledge

Effective Tips on How to Manage Business Finance

Learn seven practical strategies for managing your business finances effectively. From budgeting and cash flow management to tracking expenses and separating personal and business finances, discover how better financial management can support long-term business growth.

Tyms

Tyms

Aug 29, 2023

Practice Management

Introducing Business Projects Financial Management

Manage project finances with confidence using Tyms. Track project expenses in real time, improve cost visibility, optimise resource allocation, and make informed financial decisions that support better project outcomes and business growth.

Tyms

Tyms

Aug 29, 2023

Accounting software

How Accounting Software Is Benefiting Accountants

Discover how cloud accounting software is transforming the work of accountants. Learn how Tyms simplifies bookkeeping, budgeting, bank reconciliation, fixed asset management, and financial reporting while improving efficiency through automation and real-time collaboration.

Tyms

Tyms

Aug 22, 2023

Invoicing

Best Invoicing Software for Small Businesses in Nigeria

Discover how online invoicing software can help small businesses improve cash flow, reduce late payments, automate billing, and manage customer invoices more efficiently. Learn how Tyms simplifies invoicing with professional invoice creation, payment tracking, and automated reminders.

Tyms

Tyms

Aug 3, 2023

Accounting software

The Best Accounting Software for Small Businesses in Nigeria – Tyms

Discover why Tyms is a leading accounting software solution for small businesses in Nigeria. Learn how it simplifies bookkeeping, invoicing, inventory management, budgeting, financial reporting, and cash flow management through automation and locally tailored features.

Tyms

Tyms

Jul 26, 2023

Financial statements

How To Successfully Manage Your Cash Flow As An SME Or Startup

Learn practical cash flow management strategies that help SMEs and startups improve financial stability, monitor cash movement, reduce unnecessary expenses, and make better business decisions using modern accounting tools.

Tyms

Tyms

Jul 23, 2023

Accounting software

QuickBooks Best Alternative in Africa

Looking for a QuickBooks alternative built for African businesses? Explore how TYMS compares in terms of affordability, local relevance, multi-user access, and business management features to help you choose the right accounting software for your business.

Tyms

Tyms

Jul 10, 2023

Accounting software

Best Accounting Software for Small Businesses in 2026 - Tyms

Looking for the best QuickBooks alternative for your small business? This guide explores how Tyms helps businesses simplify bookkeeping, financial reporting, invoicing, inventory management, and banking with an easy-to-use accounting solution designed for growing businesses.

Tyms

Tyms

Jun 22, 2023

Accounting software

How to use the Chart of Accounts on Tyms

Learn what a Chart of Accounts is, why it is essential for financial reporting, and how to properly categorise transactions using Tyms.

Tyms

Tyms

Jun 20, 2023

Knowledge

Common mistakes to avoid in bookkeeping

Bookkeeping is essential for maintaining accurate financial records and supporting informed business decisions. This article highlights common bookkeeping mistakes businesses make, their impact on financial health, and practical ways to avoid them using proper processes and accounting tools.

Tyms

Tyms

May 22, 2023

Knowledge

How to position your small business for grant opportunities in Africa

Business grants can provide valuable funding to help small businesses grow without the burden of repayment. This guide explains what grants are, their benefits, eligibility requirements, key documents needed for applications, and practical steps businesses can take to improve their chances of securing grant funding across Africa.

Tyms

Tyms

May 17, 2023

Knowledge

Best ways to keep your customers coming back

Customer retention is essential for sustainable business growth and long-term profitability. This article explores practical strategies for building customer loyalty, including personalising customer interactions, responding promptly to enquiries, rewarding repeat customers, and using social media to strengthen relationships and encourage repeat business.

Tyms

Tyms

May 4, 2023

Knowledge

How to quickly know if your business is profitable

Understanding business profitability goes beyond tracking sales. This article explains common misconceptions about profit, shows how to calculate true profitability by accounting for all business expenses, and highlights how automated bookkeeping tools can help business owners monitor profit and loss in real time.

Ibrahim A.

Ibrahim A.

May 2, 2023

Invoicing

How business branding through a branded invoice can enhance your brand

A branded invoice is more than a payment request—it reinforces your business identity and builds customer trust. This article explains how customised invoices can strengthen brand recognition, improve professionalism, support customer relationships, simplify record-keeping, and contribute to effective financial management.

Tyms

Tyms

Apr 28, 2023

Accounting software

Benefits of Online Bookkeeping for Small Businesses in 2023

Online bookkeeping helps small businesses improve financial visibility, reduce errors, and make better business decisions. This article explains how digital bookkeeping supports cash flow tracking, budgeting, financial reporting, and long-term growth while showing how automation can simplify day-to-day financial management.

Tyms

Tyms

Apr 26, 2023

Accounting software

Managing Inventory: Tips for Scaling a Small Business

Effective inventory management is essential for businesses looking to scale sustainably. This article explores practical strategies for planning, tracking, replenishing, and optimising inventory to meet customer demand, reduce costs, and improve profitability while highlighting how digital inventory tools can simplify the process.

Tyms

Tyms

Apr 26, 2023

Banking

Why you should separate your business finance from your personal finance

Separating business and personal finances is essential for maintaining accurate records, building a professional brand, improving access to business credit, simplifying tax compliance, and making informed financial decisions. This article explains why dedicated business accounts support healthier financial management and long-term business growth.

Tyms

Tyms

Apr 25, 2023