Understanding the Cost of Bookkeeping for Small Businesses
ContentBookkeeping vs. AccountingHow Qualified is the Bookkeeping Service Provider?Accounting SeedFind a Professional BookkeeperRecording TransactionsNext PostThe 5 must-have skills of a chief financial officerHow Do You Create Accounting Records for Contacts and Products? If not done at the time of the transaction, the bookkeeper will create and send invoices for funds that need to be collected by the company. The bookkeeper enters relevant data such as date, price, quantity and sales tax (if applicable). When this is done in the accounting software, the invoice is created, and a journal entry is made, debiting the cash or accounts receivable account while crediting the...
Continue reading