Author: protecos

Trade payables constitute the money a company owes its vendors for inventory-related goods, such as business supplies or materials that are part of the inventory. Accounts payable include all of the company’s short-term obligations. Each time a company purchases goods or services on account, it records an accounts payable liability in its books of accounts. In… Continue reading Payroll Journal Entry: Types, Examples & Best Practices

Messages are sent and received via your 1-800Accountant Client Portal, typically within hours. You can schedule a monthly call to discuss financial statements, ask questions, and address pressing concerns. Additional phone calls with your dedicated bookkeeper can be scheduled as needed. Frequently Asked Questions about Bookkeeping No matter how far behind you are–even by months… Continue reading 1-800Accountant Reviews & Success Stories

Spreadsheets can be easily imported into your accounting software so you can add multiple expenses in batches. There are many receipt scanner apps that make it easier to store business expense receipts digitally. Plus, if you scan your business small business bookkeeping expense receipts, you don’t need paper backups. To simplify your bookkeeping responsibilities, create… Continue reading How to Do Bookkeeping for a Small Business with Pictures

Bookkeeping is important because it helps you make better business decisions by first understanding your financial performance. As a business owner, a large part of your income comes from your business. In order to know what you earned, you have to know what your business earned first. So to prevent this, in this post we’re… Continue reading Small Business Bookkeeping 2025 Guide