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Bookkeeping Tips

Bank Reconciliations: Everything You Need to Know

Bank reconciliation is the process of comparing the records of your company’s ledger to those of your bank. This process helps to determine whether there are any differences between the two financial statements. Learn how to reconcile your bank account and why it is so important in this guide. Read more

Carol Nachbaur
Bookkeeping Tips

What is a Cash Book?

Every business must record all of its cash transactions in a cash book. A professional bookkeeper records these data and finds the difference between payments and receipts to determine the amount of available cash. So, how is a cash book prepared? More importantly, what is the importance of a cash book in accounting?  Read more

Carol Nachbaur
Bookkeeping Tips

Bookkeeping Basics: A Beginner's Guide for Businesses

Good bookkeeping will move your business forward. Learn the importance of bookkeeping, important how-to's, and the steps you need to take to get your books in order in our beginner's guide. Read more

Carol Nachbaur
Bookkeeping Tips

Contingency Planning 101 - Are You Prepared for a Business Crisis?

No matter how well managed your business is, one crisis could bring operations to a grinding halt. While your business may not be able to avoid risk, you certainly can effectively plan for it, helping you be ready for action if disaster strikes. Read more

Carol Nachbaur
Bookkeeping Tips

The Difference Between Bookkeepers and Accountants

Simply put, bookkeepers are responsible for the recording of financial transactions whereas accountants are responsible for classifying, analyzing, interpreting, reporting, and summarizing this financial data. Read more

Emma Elisabeth Rydell
Bookkeeping Tips

Benefits of Bookkeeping

Bookkeeping is the first step in the accounting process and arguably the most important one. There are multiple benefits to having a good bookkeeper, and with all the changes happening in the financial world, every business will want to have such a person on staff. Read more

Tina Kretschel

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