Bookkeeping Basics

Bookkeeping Basics

Many people believe bookkeeping and accounting is an interchangeable term, but bookkeeping is a function of accounting, as accounting comprises of many functions which includes managing the financial affairs of a business.  Additionally, accountants prepare the...
What is Accounting Anyway?

What is Accounting Anyway?

If you have ever balanced a checkbook – you have performed an accounting procedure! Saved money to put a down payment on a new car – you have performed an accounting procedure! All business perform some form of accounting procedures, pay and send out bills, invoice...