Most small business owners, even those who own a startup, understand the importance of financial data. They understand the basics of a general ledger, such as debits and credits that give rise to accounts receivable and accounts payable.
Small business owners today don’t have a lot of time to dedicate to bookkeeping tasks. What once used to be the responsibility of full-time staffers is changing, as there are virtual bookkeeping
Though they sound similar, when comparing bookkeeping vs. accounting, bookkeeping’s role is recording financial transactions while accounting’s role is to interpret, analyze and summarize financial data.
Learn about services provided by an outsourced CFO, their value for your company, which companies benefit from them, and an outsourced CFO’s benefits.
Your company’s success depends on accurate bookkeeping; it’s the only way to measure profits and losses. Therefore, investing in the bookkeeping basics is vital.
Looking at outsourcing bookkeeping for your small business or startup? Let’s take a deep dive into whether that might make sense for your business, or not.
LET’S GET STARTED1 PPP Loan Accounting Entries2 Journal Entry #1 – Receipt of the Loan3 Journal Entry #2 – Transactions using the PPP Loan Proceeds4
LET’S GET STARTED1 Accelerate Your Business With Strategic Outsourcing1.1 Accounting and CFO Services1.2 Legal Counsel Accelerate Your Business With Strategic Outsourcing Outsource CFO Accelerate Your