From launching a startup to growing a business, it is essential to manage every financial transaction- from the payable accounts to the receivables. To help businesses keep track of their income and expenditures, and to assure that everything is within the budget, financial record keeping needs to be precise. This is where bookkeepers come in. …
Category: Auditing Tips

How to Effectively Manage Accounts Receivable
Because cash flow is the lifeblood of a business, managing money and accounts receivable play a very crucial part. If you are not making solutions for cash flow issues, this could slow and stop your company’s growth – no matter how steady your sales are We can say that many small business owners who are…

8 Skills you Need to be a Good Bookkeeper
If you are assuming that bookkeepers are all about the numbers, you are wrong. In fact, it is not just about having a solid understanding of bookkeeping systems and principles, but also about having personal qualities and skills. To be a good bookkeeper, you need essential soft skills that can help lead a successful business…

Common Payroll Mistakes and How to Avoid Them
Though paying your employees may seem an easy task, common mistakes do happen, and these can bring costly consequences. With many businesses adopting payroll accounting software, you may assume that everything will be easier in just a few strokes of the keyboard. Business owners that are doing payroll accounting can get overwhelmed with a lot…