While bookkeeping and accounting are both essential business functions, there is an important distinction. Bookkeeping is responsible for the recording of financial transactions. Accounting is ...

The sequence of accounting procedures is also referred to as the accounting cycle. The process of going from sales to end-of-month statements has several steps, all of which must be executed correctly ...

Bookkeeping is probably the last thing small business owners want to be doing. However, recording financial transactions is essential for a small business’ stability. “It is vital that businesses have ...

Good bookkeeping is necessary to have the financial information you need to make sound business decisions. Many, or all, of the products featured on this page are from our advertising partners who ...

When you own a small business, it is imperative that you keep a good set of books that are consistently and contemporaneously updated. The tax man will not be satisfied with records that were thrown ...

Bookkeeping–a tedious, but crucial, task for business owners–could improve with the help of A.I. tools. Established accounting companies are now embracing–or at least considering–evolving technology ...

If you’re already one of the 3.1 million sole traders in the UK, you’ll know there’s a pretty overwhelming you need to learn and do as a business owner. When you work for yourself, you’re often ...

SANTA CLARA, Calif.--(BUSINESS WIRE)--Docyt, the frontrunner in AI-driven accounting automation technology, is excited to introduce GARY, the world’s first AI bookkeeper. GARY combines Precision and ...

BOSTON, Nov. 21, 2018 /PRNewswire/ -- Closing the books at the quarter end, managing invoices and categorizing expenses involve a wide array of complex tasks that are ...