Bookkeeping is a vital part of your businesses’ day to day activities. It involves recording, storing and retrieving financial transactions. It’s important to get on top of your books before they get on top of you. Having a good bookkeeper can mean the difference between a healthy, thriving business, and a disorganized bundle of chaos. Many people simply leave it until the last minute or don’t have time for it, causing major issues.
Examples of Financial Transactions include;
- Paying for office supplies.
- Monitoring individual accounts receivable.
- Verifying and recording invoices.
- Recording receipts from customers.
- Providing Financial Reports.
Most Bookkeeping today is done with the use of computer software. Quickbooks is a great example of this software. It’s used by thousands of businesses across Canada.
Bookkeeping requires having some knowledge of accounting, such as balance sheets and income statements. Debits and credits are its meat and
This process can be a massive hassle. Let us take care of your books, you’ll save time and money, in the end, and you’ll be happy you made the switch.
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