Month: December 2020

Bookkeeping and accounting share a primary objective – to keep the financial status of a business at an optimal level.  Sometimes, the tasks involved in these two fields overlap. Since both deal with financial data and generating reports, the processes may appear similar to the untrained eye.  Hence, some people confuse the two as the…

There are 4 steps to follow in order to invite Adviser to your MYOB Essentials business   If you’re an administrator user, you can invite one or more accounting advisors to access your MYOB Essentials business at any time. So long as they are an MYOB Partner, an accounting advisor could be your accountant or any other…

Bookkeeping provides businesses a reliable measure of their performance.  It gives important information to benchmark the company’s financial status.  The bookkeeper’s monthly or annual financial reports serve as one of the basis for the company’s general strategic decisions. There are different types of bookkeeping systems that a company can adopt in recording business transactions. Knowledge…