Feb 9, 2018 | Bookkeeping
So, what is double entry accounting? Double-entry bookkeeping/accounting is an accounting technique where two entries are made for every transaction. Who invented double entry accounting? There is a common misconception that double-entry bookkeeping was...
Feb 2, 2018 | Bookkeeping
The decision on whether or not to do your bookkeeping should be made with careful consideration of two critical factors: first, do you have the necessary bookkeeping skills? And second, do you have the time? If you meet both conditions, you could save money in...
Jan 26, 2018 | Bookkeeping
You might have a brilliant idea, the resources necessary to make it work, years of relevant experience, and yet you may find that things are just not working out the way you want. This is where small business management consulting can play a significant role in...
Jan 19, 2018 | Bookkeeping
When you run a business, there is no way around bookkeeping. A larger firm may employ an entire team of bookkeepers and accountants, while a smaller company might only have one. In other cases, the business owner may be the one handling the books. As a small business...
Jan 12, 2018 | Bookkeeping
Bookkeepers play a crucial role in the financial affairs of any business and their activities vary based on the size of an organization. As a business owner, perhaps you require assistance with your books and are wondering whether you need a bookkeeper. Before you...
Jan 5, 2018 | Bookkeeping
As a small or medium-scale business, when your transaction volume grows, you may feel the need to invest in an accounting software, one of the most popular options is QuickBooks. However, QuickBooks comes with a lot of features that you may not need, and there are...
