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…
Can I outsource a bookkeeper? This is a common question among entrepreneurs because of the many advantages associated with the concept. And it is only natural for you to ask the same thing if you want to make more cost-effective…
Running any form of small business is stressful and challenging, but the restaurant industry can be particularly tricky, because there are so many costs to take into account, and income can be so variable. Restaurants have both fixed and variable…
Bookkeeping is the process of recording daily transactions for a business. That is a brief way of defining it but that can also oversimplify the actual work which goes into the process. Bookkeeping is more involved than the simple recording…
Bookkeeping is the core of the accounting system for all businesses. The people responsible for it are tasked with recording and categorising financial transactions as well as the techniques of recording those transactions. Small business owners are quick to disregard…
Owning a business comes with a great deal of responsibility, including making sure that your finances are in order. You may have tried handling this on your own, but hiring a bookkeeper would be in your best interest. Here are…
You may have heard people in finance mention double-entry bookkeeping and wondered what the big deal is. This is a method of bookkeeping that has many advantages as well as disadvantages. Before deciding whether this is an option for your…
When you buy a new car you want reassurance that you scored a great deal. You’ll probably listen to the engine sounds, check the oil, check the tires and much more. It’s unlikely that you’ll pack it away in your…
Many people do not realise how important solid bookkeeping is to the success of their business. While making money is important, there needs to be a system in place to ensure that every bit of money is accounted for. Whether…
Bookkeeping involves the recording of important financial transactions of a business on a day-to-day basis. A bookkeeper should maintain accurate financial records of a business and keep them up to date. Accuracy is the keyword when it comes to keeping…
