Automated Bookkeeper
Traditionally, bookkeeping has been a profession of data entry, account organization and account management. But innovations in cloud...
Sales Receipt or Invoice?
At first glance, a sales receipt and an invoice may seem interchangeable. Understanding the application of each form is significant for...
Doing your own books?
When your business is new, resources and capital are usually limited, and you often find yourself wearing many hats for which you might...
Employee or Contractor?
It is important to be able to discern an employee from a contract worker. This is a somewhat ambiguous distinction, but the main...
Understanding your Profit & Loss Statement
A Profit & Loss statement is an essential report for business owners and managers. It measures the profitability of a business by...
Bookkeeping vs. Accounting
Recognizing the difference between bookkeeping and accounting can be confusing. While both are a part of the accounting cycle,...
