Is it Bookkeeping or is it Accounting? When you first get started in a small business, you may hear the terms bookkeeping and accounting thrown around almost interchangeably. However, these terms do not mean the same thing. Small businesses have both bookkeeping and accounting functions. Bookkeeping is the process of the record-keeping of all financial Read more about The Difference between Bookkeeping and Accounting for Small Business[…]

What Type of Bookkeeping is Appropriate for your Small Business? When you start a small business, one of your first financial decisions has to be whether you are going to use single or double-entry bookkeeping. You may not be a financial professional and you may not be looking forward to dealing with the accounting side Read more about Small Business Bookkeeping – Single-Entry or Double-Entry Bookkeeping[…]