door Serea | sep 14, 2023 | Bookkeeping
Both encompass the expenses necessary to operate a business independent of the costs to manufacture goods. General and administrative costs are rarely reported separately; it’s fairly common to see these two costs reported together. Sometimes, SG&A will be a...
door Serea | aug 28, 2023 | Bookkeeping
Under the double entry system of accounting and bookkeeping, every business transaction will affect two (or more) general ledger accounts. In addition, each transaction’s debit amount(s) must be equal to its credit amounts. As a result, the general ledger is...
door Serea | jul 5, 2023 | Bookkeeping
Make sure you have all the documentation you need to accurately record transactions and reconcile accounts. Depending on how far behind you are, this could be a time-consuming task, so be patient and methodical. Unorganized bookkeeping can lead to the downfall of a...
door Serea | jul 3, 2023 | Bookkeeping
Our advanced systems and optimized workflows enable streamlined invoice generation, efficient expense tracking, seamless bank reconciliations, and accurate financial reporting. By eliminating complexities and reducing manual tasks, we focus on improving your business...
door Serea | jun 30, 2023 | Bookkeeping
The same goes for things like invoicing, stocktaking, and creating expense reports. If they’re using software, then you can set things up, then create cheat sheets or checklists for various tasks. You need to nail down what services you’ll offer, who to, and how. It...
door Serea | jun 28, 2023 | Bookkeeping
Every business needs steady cash flow to respond to business problems and opportunities and settle its invoices for goods and services. Make sure to regularly update your spreadsheet accounting for startup costs because up to 88% of spreadsheets have errors¹, which...
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