Bookkeepers categorize all transactions – the reason for this is that it assists in identifying tax concessions which may be applicable to your business, making auditing easier. Transactions are categorized under the following five types of accounts: Assets Liabilities Revenue Expenses Equity Ensure (where possible) all payments are made via Credit or Debit card as […]
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As many have already heard, the amazing (previously all-encompassing) free
Wave Accounting Software App is soon to be a thing of the past for us. It was
wonderful while it lasted, but sadly, all good things (especially too good to be
true things) come to an end.
Most entrepreneurs try and do everything themselves when they start out so that they don’t have to pay someone unless they have no other choice. That is why many small business owners struggle to justify paying for the help with the financial side of their business. But this is one instance where hiring outside assistance […]