Category: Bookkeeping

You can also examine your other expenses and see where you may be able to cut down on costs if needed. Your accounting software should come with a standard COA, but it’s up to you and your bookkeeper or accountant to keep it organized. Here are tips for how to do this, plus details about…

Since the Adjusted balance per BANK of $1,719 is equal to Adjusted balance per BOOKS of $1,719, the bank statement of August 31 has been reconciled. In this section we will prepare a June 30 bank reconciliation for Lee Corp using the five steps discussed above. Record in the company’s general ledger the adjustments to…

If you’re looking for a bookkeeping solution you can stick with for the long run, Bookkeeper has most bookkeeping features you could possibly want as an add-on. Possible add-ons include payroll services, individual and business tax returns, and financial performance reporting with key performance indicators. QuickBooks Live is our top pick for online bookkeeping services…

A particularly skilled bookkeeper will also offer services like cash flow forecasting and management to their small business clients. When your business is still growing, bookkeeping isn’t such a cumbersome task. But as the business gets larger, it can start to become a very time-consuming job. When deciding whether to use online bookkeeping services, it’s…

Some of it is likely reserved for things like payroll, covering expenses, and paying taxes. You should also add your income and expenses from each project into a general ledger to get an accurate overview of your gross and net income. Job How Construction Bookkeeping Services Can Streamline Your Projects costing is a process that…