How to Start a Company in Jamaica: A Step-by-Step Guide
How to Start a Company in Jamaica: A Step-by-Step Guide Learn how to start and register a company in Jamaica, from COJ incorporation and TRN registration to GCT, payroll, accounting and ongoing compliance. Last reviewed: October 2026 Starting a company in Jamaica involves more than registering a name. You have to decide on the right […]
Your Business Grew. Did Your Chart of Accounts Grow With It?
Your Business Grew. Did Your Chart of Accounts Grow With It? When a business opens its first location, a simple accounting structure often works well. Sales go into a handful of accounts, expenses are grouped broadly, and the owner knows enough about daily operations to explain most movements without much investigation. Then the business grows. […]
Month-End Closing in Jamaica: Why Your Accounts Take Too Long and What to Fix
Month-End Closing in Jamaica: Why Your Accounts Take Too Long and What to Fix For many Jamaican businesses, the end of the month does not really end when the calendar changes. Finance teams are still reconciling bank accounts, chasing invoices, correcting coding errors and waiting on information from other departments. By the time management receives […]
Before You Build Your 2027 Budget, Fix These 6 Numbers in Your 2026 Accounts
Before You Build Your 2027 Budget, Fix These 6 Numbers in Your 2026 Accounts For many businesses, budgeting starts with a spreadsheet. Last year’s numbers are pulled up, revenue is increased by a percentage, expenses are adjusted, and management begins setting targets for the year ahead. The problem is that a budget is only as […]
NGO Accounting in Jamaica: Grants, Budgets and Financial Accountability
NGO Accounting in Jamaica: Grants, Budgets and Financial Accountability Good NGO accounting helps boards and donors see how funds are being used. Learn how Jamaican NGOs can strengthen grant tracking, budgets and reporting. For an NGO, charity or foundation, good financial management is not mainly about maximising profit. It is about demonstrating that the organisation’s […]
Restaurant Accounting in Jamaica: Food Cost, Payroll and Profitability
Restaurant Accounting in Jamaica: Food Cost, Payroll and Profitability Restaurant sales can be strong while profits remain thin. Learn how food cost, inventory, payroll and daily reconciliations affect profitability. A busy restaurant can still lose money. That can seem difficult to reconcile when tables are full, orders are flowing and daily sales appear healthy. Yet […]
Real Estate Accounting in Jamaica: What Property Companies Should Track
Real Estate Accounting in Jamaica: What Property Companies Should Track From rental income to property expenses and intercompany balances, learn what Jamaican real estate companies should track in their accounting. Owning valuable property does not automatically mean a real estate company is performing well. A company may hold several buildings, collect substantial rental income and […]
Accounting for Professional Services Firms in Jamaica: Is Busy the Same as Profitable?
Accounting for Professional Services Firms in Jamaica: Is Busy the Same as Profitable? Busy does not always mean profitable. Learn how Jamaican professional services firms can track staff time, client profitability, billing and collections. Professional services businesses sell something that cannot be stored in a warehouse: expertise, experience and time. A consulting firm, law practice, […]
Accounting for Distributors in Jamaica: Inventory, Foreign Exchange and Margins
Accounting for Distributors in Jamaica: Inventory, Foreign Exchange and Margins “For Jamaican distributors, inventory, foreign exchange and pricing can quickly affect margins. Learn which accounting numbers management should monitor.” For a Jamaican distributor, the price shown on a supplier’s invoice rarely tells the whole story. Imported products may involve freight, duties and other costs before […]
Construction Accounting in Jamaica: What Contractors Should Track
Construction Accounting in Jamaica: What Contractors Should Track Construction accounting can become complicated quickly. Learn what Jamaican contractors should track to manage project costs, cash flow and profitability. Winning a major construction contract can look like a financial success. Whether it actually becomes one depends on what happens between the contract signing and the final […]