Double-entry bookkeeping is one of the most difficult areas of bookkeeping to understand. Are you just starting with this concept? Keep reading to learn the basics. What is Double-Entry Bookkeeping? It is an accounting system where every transaction is recorded in two accounts: a debit to one account and a […]
Basics of Double-Entry Bookkeeping Read More »
Now that tax season is officially over, it is time to prepare for next year. To have an efficient tax filing in 2022, you must stay organized year-round. Check out the info below for professional advice about tax preparation for the 2022 Tax Season. Benefits of Tax Planning Tax planning is
How To Prepare Taxes for 2022 Tax Season Read More »
Whether you hired an accountant or not, you should understand the basics of accounting concepts as a business owner. Accounting runs on the following concepts. What Are Accounting Concepts? Accounting concepts are like general guidelines to use in certain accounting situations or when an issue occurs. Applying these concepts to accounting
Accounting Concept Basics Read More »
Bookkeeping is the record-keeping of your business’s financials. Without a proper plan of action, your business has a chance of failure. Although year-end bookkeeping tips are extremely important to your small business, it is important to know your numbers year-round. Set up a clear process and follow these bookkeeping tips.
Small Business Bookkeeping Tips To Use Year-Round Read More »
It is important to choose the best software that fits your business model for accounting and bookkeeping. Some software allows you to digitally track your finances AND has accounting features. You must consider what is the most convenient and user-friendly software for you and your employees. Many small business owners start out using
How to Use Quickbooks Read More »