Bookkeeping is the recording of financial transactions. The purpose of bookkeeping is to create a record of financial transactions that can be summarized for various uses. Bookkeeping systems range ...

You didn’t start a company because you love spreadsheets. But somewhere between your first Stripe payment, a confusing bank ...

Last week in a discussion with a business coaching client, I asked if she had updated bookkeeping and accounting records that would help her make the best business decision for a big question about ...

"Bookkeeping for Dummies" states that without bookkeeping, it's impossible to measure the true success or failure of your business dealings. You won't know that your $2,000 per-month magazine ad ...

As a business owner or taxpayer, there are two methods of record-keeping that you can choose from to maintain a database for all business-related financial transactions. In this article, I am going to ...

Discover how double-entry bookkeeping maintains financial balance through debits and credits in a general ledger. Understand ...

Not all forms of accounting are the same. Some focus on costs, others on audits and some focus on taxes. While having a solid handle on your business’s finances is essential, how you track business ...

Not every team is equipped to handle bookkeeping responsibilities internally. For those that need a little help, here are some solid outsourcing options. Saying “bookkeeping is important” is a bit ...

DK/RK Services, a comprehensive bookkeeping and accounting firm serving the Denver metropolitan area, emphasizes the critical ...

Wild Range Associates, a professional bookkeeping firm serving Southwest Missouri since 2018, emphasizes the importance of organized financial records as businesses prepare for the upcoming tax season ...

Learn when and how revenue is recognized in accrual accounting, even without cash receipt, following GAAP. Discover the ...

Liz Simmons is an education staff writer at Forbes Advisor. She has written about higher education and career development for various online publications since 2016. She earned a master’s degree in ...