Bookkeeping101

How An Online Bookkeeping Service Can Optimize Your Cash Flow

Cash flow management is essential for long-term business success. Without proper cash flow management, businesses can quickly find themselves in a precarious financial situation that may be difficult to recover from. Rather than letting this financial problem affect your business negatively, you need to seek out the help of professionals. Using an online bookkeeping service […]
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7 Reasons Your Business Needs A Bookkeeper

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 […]
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Why You Should Reconcile Your Books Monthly

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 […]
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