Bookkeeping and accounting are both crucial business functions, but they are not the same. There are key differences between bookkeepers and accountants. This guide will explore the main differences and provide you with all the information you need about bookkeeping vs accounting. What is bookkeeping? Bookkeeping is predominantly concerned with recording financial transactions and ensuring [...]
In the past, accounting was typically done with pen-and-paper systems that often involved an accountant skilled in the use of a calculator and many sheets of paper that needed filling in. It was all about reading from invoice sheets, bills and other financial documents and compiling a business’s books by hands. Nowadays, there are far [...]
Every small business needs a good bookkeeper. The finances of any business, regardless of size, can quickly get complicated, and it’s the bookkeeper’s job to ensure efficient accounting and tax compliance.
The Cloud is ever-looming overhead and getting larger as time goes on. More and more businesses are turning to Cloud software and solutions.
As a business owner, you do need to focus on how you manage your time. Wasting time will mean that your business is less efficient and thus less competitive.
Phishing scams are becoming more and more common on the internet. There are some known examples that most know to avoid, like emails from Nigerian princes asking for your bank account details or supposed attorneys informing you of a long-long relative’s death, promising you the money if you share all their personal details with them.
Xero is one of the world’s most popular accounting software packages, thanks in no small part to its ease of use, time-saving ability, and affordability. Whether you are a small business owner or an accounting or bookkeeping professional, Xero can assist in many ways.
If you run a business, you may feel like you’re constantly trying to juggle several tasks at the same time. Bookkeeping may not always be a priority, but it’s so important not to underestimate the difference efficient accounting can make. You may be busy trying to launch a new product or step up your marketing [...]
