Bookkeeping

They mess up financial statements, making it hard for people to properly analyze a company’s financial performance and see how the company’s doing. It results in wrong decisions by investors, lenders, and experts who rely on accurate financial info. Besides, not sorting out these funds means you break the compliance rules, which might lead to […]

You debit your expense account and credit your bank or other cash account. The cash you have in your accounts plus all of your assets and investments are known in business finance terms as capital. Every small business owner should have at least some understanding of daily record-keeping practices and principles. Even if you hire