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Hi there... Welcome to my Bookkeeping Blog where I will keep you up-to-date on all things bookkeeping.
Use these customer invoicing best practices to avoid running into cash flow trouble and to keep the money coming in month after month
Continue reading "4 Invoicing Best Practices to Protect Your Cash Flow Starting Today"
Accounts Receivable definition: the total of unpaid sales invoices held in a category called Accounts Receivable in the Assets section of a balance sheet.
Continue reading "Accounts Receivable Definition Including Examples"
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...
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.
Continue reading "What Is Bookkeeping And Why Is It Important?"
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.
Continue reading "What is a Credit Card Balance - Understand Credit Card Statement"
Bookkeeping journals are where a business records its daily financial transactions in date order showing which accounts to debit or credit with journal entries
Continue reading "What are Bookkeeping Journals and Entries"
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.
Continue reading "Types of bank accounts for small business"
Accounting source documents are paperwork produced when bookkeeping for business and include checks, invoices, bills, and receipts.
Continue reading "Types of Accounting Source Documents in Bookkeeping"
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.
Bookkeeping is important for these reasons
Continue reading "The Importance of Bookkeeping for Small Businesses"