Account Reconciliation is one of the processes adopted by the business to keep checks and track any discrepancies in books of accounts. Maintaining and managing accounts in today’s business structure
Accounting and bookkeeping tips, tricks and resources for small and mid size business owners which they can use day to day in business.
In modern times, due to the expansion of market and introduction of internet a new trend in accounting has emerged. This new trend is “Virtual accounting”. Virtual accounting is an
Business owners are many times confused about which accounting system to choose or what is the major difference between cash and accrual basis accounting. There are many reasons to be