Accountant Vs Bookkeeper – Understanding the Difference

Cash flow management and accountability are important aspects of operations for any business. With accurate recordings of transactions coupled with proper assessment and processing, business owners can have a firm foundation from which they can make decisions and plan their business’ growth. Recording and understanding the basic financial needs of any business such as sales,… Continue reading Accountant Vs Bookkeeper – Understanding the Difference

Globalization in Accounting

Globalization plays a huge role in the world of accounting. It is a very significant topic because as globalization becomes more and more important, it changes which accounting principles one would use when certain situations arise. There are two sets of accounting principles: the Generally Accepted Accounting Principles (GAAP) and the International Financial Reporting Standards… Continue reading Globalization in Accounting

Acknowledgement Of Payment Receipt

An acknowledgement of payment receipt is a business document of verification that serves as a formal acceptance of the payment that is usually made by the customer, tenant of client. Generally it is a documented verification that goods have been received or services that have been provided. The acknowledgement is determined by the recipient’s signature… Continue reading Acknowledgement Of Payment Receipt

QuickBooks Add-Ons: Significant Way To Enhance Your Business Reach

When you run a business, there’s probably no use of context like “Enough-for-me” or “This-Is-Effective”, as with time the actual need for business changes. Even over a very small span of time, the necessity of having more enhanced support comes in the notice. QuickBooks, one of the most versatile accounting & financial software, also supports… Continue reading QuickBooks Add-Ons: Significant Way To Enhance Your Business Reach

The 4 Benefits of Online Invoicing for Businesses

Several people around us have far-reaching dreams of owning a business of their own. Simply dreaming about a large business isn’t sufficient as it involves several aspects that need to be taken care of. Finances, coordinating with clients, production, employees, services, etc. are all that makes up a business. Business owners are often expected to… Continue reading The 4 Benefits of Online Invoicing for Businesses