Small Business Bookkeeping is the process of recording all financial transactions made by a business. Bookkeepers are responsible for recording, classifying, and organizing every financial transaction that is made through the course of business operations. Bookkeeping differs from accounting. The accounting process uses the books kept by the bookkeeper to prepare the end of the year accounting statements and accounts.

What are Non commercial losses?

What are Non commercial losses?

Non commercial losses A non commercial loss refers to a loss that comes from a business that is not very profitable in terms of money or assets as of now for an individual or in a partnership. This can be a business that just started off or has not made significant...