Bookkeeping is an essential part of any business. Without it, there is no way of adequately implementing strategy, and hardly a chance to survive. Yet it is also a dreaded part for most business owners. On top of managing their business logistics, bookkeeping requires perfect precision, organization, and hours... View Article
The accounting cycle is the summary of bookkeeping duties that transform raw financial transactions into proper financial statements. It is marked by eight processes that a bookkeeper goes through to make sure every transaction is documented. The goal of the accounting cycle is to create a balance sheet,... View Article
What is Quickbooks? Quickbooks is accounting software used to track and record the financial information of small to medium businesses. This practice is otherwise known as ‘small business accounting’ or bookkeeping. Traditionally, this includes recording accounts receivable, accounts payable, Bills, invoices, tax forms, and payroll. Essentially, it is meant... View Article