Bookkeeping for Small Businesses
Are you looking for a bookkeeping service for your small business? There are a few things you need to know about first. Please read below for more information. A business runs by selling goods and services at a profit. Money is at the core of any business, and it is necessary to document all these […]
Reasons Why Small Businesses Don’t Take Bookkeeping Seriously
Why are small businesses not keen on bookkeeping, even if the consequences are clear? Maybe they feel it’s an unnecessary cost for the business? Let’s take a look in more detail below. Small businesses face many challenges, and their owners try to juggle between the various tasks as it scales up. However, some business aspects […]
What Are The Features And Main Objectives Of Bookkeeping?
Are you wondering what the main objective of bookkeeping is? Bookkeeping helps to record financial transactions of a business in an organised way. Please read below for more. Bookkeeping is the primary process of accounting in a business organisation. Bookkeeping plays one of the most important roles in creating accurate financial statements of a business […]
5 Signs That You have A Great Bookkeeper
Business owners ought to know the qualities of a great bookkeeper so that you can spot one. So, what are the signs that yours is a great bookkeeper? Read below for more. Just like any other professional, a bookkeeper can be found on every corner but finding a good one can be hard to find. […]
Basics Of Bookkeeping For Startups
Are you a startup business or a small business? If so, the sooner you get your accounting systems in place the better for your business. Please read below to learn how you can do this. Bookkeeping refers to recording all the financial transactions of a business or company. It, therefore, entails recording the sales, purchases, […]
Qualities Of A Good Bookkeeper
What qualities does it take to make a good bookkeeper? Not everyone is cut out to be a bookkeeper. Let’s take look now at what makes a good reliable bookkeeper. Bookkeeping is critical to any business organisation, and finding the best bookkeeper could contribute to the financial success of your business. Whenever a business is […]
What Does the Term Formal Bookkeeping System Mean?
Are you familiar with the different types of bookkeeping that are out there? Which one is best for your business? Let’s take a look at the different types of bookkeeping in the article below. If you are a business owner then you will have to deal with accounts at some point. Having an organised system […]
Which are Better and Why – Bookkeepers or Accountants?
If you’re in Melbourne and planning on hiring someone to help manage the finances of your business, then you have probably found yourself wondering whether you need a bookkeeper or an accountant. What’s the difference, and which should you bring on board to help take care of your company? What is a Bookkeeper? Bookkeepers are […]
Is Journal Entry and Double Entry Bookkeeping the Same Thing?
Bookkeeping can be a confusing task because there are so many ways to do it. It’s not easy for someone who is untrained to understand how to log transactions. Most people have heard of double-entry bookkeeping, but what about journal entry? What’s the difference between these two? Is there even a difference at all? Journal […]
Should a Small Business Use A Bookkeeper All Year Round?
If you want your business to thrive then you need to make sure that you know exactly what is going on with your finances. Many small business owners make the mistake of assuming that they don’t need to pay much attention to their finances until they need to do their accounts. This leads to long […]
