Eight steps of accounting cycle | Get an idea of the accounting cycle

Accounting Cycle

Eight steps and you get an idea of basics accounting from accounting cycle. The accounting cycle is a series of work in an organization of bookkeepers. In an organization’s activates of the firm has daily transactions and the transactions will be recorded on categorizing of the different steps of accounting which are called accounting cycle at the … Read moreEight steps of accounting cycle | Get an idea of the accounting cycle

Key Differences Between Bookkeeping and Accounting | You haven’t ever known

define bookkeeping vs accounting

What makes a difference between bookkeeping and accounting? Accounting and bookkeeping both are a fundamental business function for all business. Many people use the term accounting and bookkeeping same meaning but true is that bookkeeping is the stepping stone of accounting. Bookkeeping is a biased of accounting also a part of accounting. Accounting is more … Read moreKey Differences Between Bookkeeping and Accounting | You haven’t ever known

Importance of Bookkeeping in Business | Users ultimate picture

importance of bookkeeping for small business

Why is the bookkeeping important to your business? Bookkeeping is important for any kind of business whether it small or big but nowadays, we see it has neglected the owners of the business. They do not keep any record of accounting transactions. So that reasons business often fails financial management and suffers bad management. Besides, … Read moreImportance of Bookkeeping in Business | Users ultimate picture

The Basics Accounting | Brings your business success

Basic accounting concepts

Don’t have any knowledge Accounting or Bookkeeping? If not, read it.   Accounting is the process to record the transactions in a financial book. On the other hand, it is a system to process identifying, recording, measuring, classifying, verifying, summarize the transactions. In the broad sense accounting basics familiar to you some basic accounting terms … Read moreThe Basics Accounting | Brings your business success