Bookkeeping

The amount will not tally with that of the initial transaction and subsequent entries made afterwards in the same journal or subsidiary books. The accounting errors, then, can be divided into two main groups; the errors where the trial balance … Read More

Everything revolves around the Xero dashboard area, but we also love the easy way Xero lets you create a new part of your cloud-based experience with a simple ‘+’ button to the right of the screen. Here, you can produce … Read More

Sometimes, taking a breather can help you spot what’s causing the difference. We know that taking hours to find amounts that are off by a few pennies doesn’t make sense. In QuickBooks, you have the option to make an adjusting … Read More

Sure, in the beginning, it may seem a bit hectic organizing your business and life. Receiving payment for all your hard work is one of the best fruits of your labor (besides the work-life balance you’ve now achieved…hopefully). If you … Read More

Though this process was straightforward, manually entering several people could get tedious for companies with high hiring volumes. Payroll information is front and center on your dashboard when you log in to your account. I like the easy, three-step process … Read More

Variable business costs are expenses that change according to the number of a product that is produced — for example, materials or sales commissions. Fixed business costs stay the same, irrespective of the number of products that are produced, such … Read More

Each invoice has its own payment link, so your clients can view and pay it online. The user interface has a lot of open space, showing the preview of every document as you’re filling it out. And you can access … Read More