No business could operate very long without knowing how much it was earning and how much it was spending. Bookkeeping and accounting are the methods business firms use to keep track of their earnings and expenses. People have counted and kept records throughout history. In the ancient world, trade between merchants made necessary the creation…
The term bookkeeping is pretty foreign to most of us, except if you have a degree in finance and/or accounting. For most of us, this term is synonymous with movie villains and back-alley deals. The schooling system in America doesn’t prepare us for the real world but rather feed us information that we regurgitate for…
Are you interested in outsourcing your daily financial activities to a professional as your company grows? Do you want expert advice on business processes and operations that allow you to work smarter and be more profitable? Bookkeeping is an indispensable process for every profitable business. But what is accounting? And how does bookkeeping differ from…