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6 Common Invoicing Mistakes that You Should Avoid

6 Common Invoicing Mistakes that You Should Avoid

by admin | Dec 23, 2023 | Bookkeeping-services-tips

Sending inaccurate invoices to clients can ruin the reputation of a company. Therefore, it is important to send accurate invoices to the right client. Running a business includes sending invoices to collect payments for the services or products you provide. Invoicing...
A Guide to Managing Accounts Receivable for Small Businesses

A Guide to Managing Accounts Receivable for Small Businesses

by admin | Dec 8, 2023 | Small Business Bookkeeping

Accounts receivable measures the money that clients owe to the business for goods or services provided. On the other hand, accounts payable refers to the money a company owes to its suppliers or vendors for goods or services received. As a business owner, staying on...
Rules for Preparing a Bank Reconciliation Statement

Rules for Preparing a Bank Reconciliation Statement

by admin | Nov 25, 2023 | Bank Reconciliation

The process of confirming a transaction’s completeness by comparing a company’s balance sheet and bank statement is known as bank reconciliation. It may be known as “closing the books.” When companies claim to have “closed their...
Difference between Single-Entry and Double-Entry Bookkeeping

Difference between Single-Entry and Double-Entry Bookkeeping

by admin | Nov 7, 2023 | Bookkeeper Services

Running a business is a challenging task, and managing business books is an even more daunting task. When it comes to managing business books, you need to decide to choose between single-entry and double-entry bookkeeping for your business. You can make the right...
Streamline Your Finances with This Bookkeeping Checklist

Streamline Your Finances with This Bookkeeping Checklist

by admin | Oct 27, 2023 | Bookkeeping Services

As a small business owner, there are more important business tasks that you need to look after than bookkeeping. Staying on top of your business books will not only help you ensure things will run smoothly, but it can help you spot any financial issues and fix them...
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Australia
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