Bookkeeping is essential for businesses to maintain accurate financial records. Still, many small businesses fail to use professional bookkeepers and try to manage the financial record keeping on their own. Inaccurate accounting and bookkeeping practices are some of the top reasons businesses fail.    While bookkeeping may seem simple at first, there is more to […]

Reconciliation is a crucial part of bookkeeping that identifies and explains the differences between the entries in your accounting system and the transactions listed on your bank statement. For businesses, reconciling the books every month is the easiest way to verify cash flow, catch errors, and prevent fraud. Below are five reasons you should have […]