Do I Need an Accountant or a Bookkeeper? What is the Difference?

Businesses must maintain accurate and reliable financial records for many reasons, such as payroll, taxes, profit/loss data, etc. Small business owners shouldn’t attempt to maintain these records independently because it can be difficult and time-consuming. That is why you should use an accountant and bookkeeper to maintain your company’s financial records. Do you know the…

The Top 35 Bookkeeping Terms You Should Learn as a Business Owner

Every small business owner should maintain their bookkeeping because it helps track the total profits and losses of their company. In addition, bookkeeping can organize your financial information and make it easier to survive a tax audit from the Internal Revenue Service. Bookkeeping Terminology Bookkeeping concerns all aspects of your company’s operations. Before introducing bookkeeping…