Business financial records keep track of company activities. They are vital documents that can tell the performance of a business. It can provide a company with an insight as to where it is and where it’s heading, in terms of goals. It can also be used to create strategies for future business endeavours. With its…
Category: Auditing Tips
Difference Between a Bookkeeper and an Accountant
For many business owners, especially start-up, small and medium sized businesses; it can be confusing as to whether they need an accountant or a bookkeeper. To most people, bookkeeping and accounting seems like very similar professions. If you haven’t studied accounting or bookkeeping, it’s hard to tell which functions fall to a bookkeeper and which…
Is Outsourced Bookkeeping Better Than Inhouse Bookkeeping?
Are you wondering whether you should hire an in-house bookkeeper or outsource the bookkeeping tasks from a bookkeeping company? While many businesses are dependent on inhouse bookkeepers to handle their bookkeeping needs; most of the time, the one doing the tasks is an office assistant. Allowing someone, who is not a specialist, to handle your…
Questions to Ask when Hiring a Bookkeeper
Hiring a bookkeeper can be daunting and scary for small and even medium-sized businesses. While interviewing a bookkeeper or a bookkeeping company, most business owners often ask the wrong questions. Thus, the bookkeeper or bookkeeping firm are unable to get a full grasp of the needs of the business. If you’ve been through many firms…
