Bookkeeping

What exactly is accounts payable (AP) and what do the entries entail? Essentially, it represents the obligation of a firm to pay off their debts

Business owners know that mistakes when settling payroll can create great hassle for the them, lead to unhappiness of the employees, and reduced productivity in

Other than its literal meaning, the end of the year will mean a lot of work for business owners. In fact, the first thing that

For small and medium businesses, software referred to as QuickBooks has proven indispensable. Though many versions exist, in general, it is the businessperson’s answer to

To understand how account reconciliation is important in accounting, you need to first understand what reconciliation is. Reconciliation is a basic accounting process which helps

When it comes to small business accounting software, one of the most recognized names today is QuickBooks. Where bookkeeping is concerned, it is popular for

Are you one of today’s fortunate and hard-working individuals who created a lucrative business from a great idea? Your sales are doing well and you’re

The purpose of a month-end close is to balance the account and verify it at the end of a period of time in order to