You’ve heard the term “general ledger” thrown around in business circles, but what exactly is it? And why is it important for you to understand how it works?
Accounting and bookkeeping are two critical components of every business's operations. Both roles assist business owners and CEOs in managing budgets, making sound business decisions, and avoiding potentially significant concerns such as embezzlement and fraud. While accounting and bookkeeping have many
Bookkeeping is the process of recording your business’s financial transactions. As a small or medium-sized business owner, you can hire a bookkeeper or do the bookkeeping by yourself. Whichever way you opt, it is important to have a bookkeeping system