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As a business owner, you need to make sure that you can track every inventory put into your business. Every transaction, money coming in...

Most businesses sell to their customer on credit . That implies, they sell and deliver goods or services quickly, send an invoice, then...

A Balance Sheet gives you a financial snapshot of the company as of the specific date. It calculates how much the company worth (its...

Have you ever wondered why you should find a professional bookkeeper? As US Small Business Administration states, “half of all new small...

At the end of every month, it is time for you to reconcile your trust bank account. This lets you confirm that your transaction records...

We all have bad money habits. It’s the fact of the matter – we are just human. As business owners, unfortunately, we likely learn money...

Accounting can be tedious for any business, but if your small business doesn’t keep tight books it can make your taxes a nightmare....

It’s no secret that accounts payable can be one of the biggest pain points in the corporate office. Not only is the A/P workflow fraught...

Top Reasons Companies Outsource their Bookkeeping Cost-Effective Expertise Accuracy Consistent Reconciliation Backup

What is bookkeeping? Like accounting, keeping a company's books and preparing its financial statements and tax reports are all part of bookk

TABLE OF CONTENT What is Job Costing? What kind of businesses can use Job Costing? 1. Construction Industry 2. Manufacturing Companies 3....

The accuracy of the records can be verified by doing a reconciliation at least once a month. Reconciliation is the process of comparing...