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Beginner Bookkeeping Blog

Hi there... Welcome to my Bookkeeping Blog where I will keep you up-to-date on all things bookkeeping.

4 Invoicing Best Practices to Protect Your Cash Flow Starting Today

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Use these customer invoicing best practices to avoid running into cash flow trouble and to keep the money coming in month after month

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Accounts Receivable Definition Including Examples

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Accounts Receivable definition: the total of unpaid sales invoices held in a category called Accounts Receivable in the Assets section of a balance sheet.

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10 End of Year Bookkeeping Tips

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10 end of year bookkeeping tips to get ready for tax: 1) When to do these checks, 2) Reconcile the bank, 3) Enter expenses paid with personal money, 4) Check your...

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What Is Bookkeeping And Why Is It Important?

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What is Bookkeeping? It's an organized way to record money earned and spent by a business using accounting software, printed books or spreadsheets like Excel.

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What is a Credit Card Balance - Understand Credit Card Statement

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What is a Credit Card Balance? Get to know the balances on a credit card statement before you overspend or pay the wrong amount! Compare statement credit card balance with current balance, good credit card balance vs negative, available credit card balance vs card limit.

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What are Bookkeeping Journals and Entries

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Bookkeeping journals are where a business records its daily financial transactions in date order showing which accounts to debit or credit with journal entries

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Types of bank accounts for small business

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Get to know what types of bank accounts are best for a small business, and how to use them day to day in the bookkeeping.

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Types of Accounting Source Documents in Bookkeeping

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Accounting source documents are paperwork produced when bookkeeping for business and include checks, invoices, bills, and receipts.

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Tips to Manage Money in a New Business

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12 tips to manage money in new business: includes bank account setup, how to get customers to pay in advance, manage bill payments, understand flow of money and more.

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The Importance of Bookkeeping for Small Businesses

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Bookkeeping is important for these reasons

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