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.

The Challenges of Accounts Payable Faced by Businesses

The Challenges of Accounts Payable Faced by Businesses

Like other responsibilities, small business bookkeeping services include the management of accounts payables of a company. From small companies to large organisations, accounts payable is an indispensable task that demands full attention and strategic handling. In...

How to Deal with Cash Flow Problems in a Company?

How to Deal with Cash Flow Problems in a Company?

According to research, more than 80% of businesses fail due to cash flow problems. Cash flow problems happen when more cash flows out of the company instead of into the company. It means when cash flow problems occur, you might not have sufficient cash to cover...