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Category Archives: Bookkeeping

What Is a Bank Reconciliation Statement, and How Is It Done?

You need to determine the underlying reasons responsible for any mismatch between balance as per cash book and passbook before you record such changes in your books of accounts. At times, your customers may directly deposit funds into your business’ bank account, but your business will not notified about this the bank statement is received. […]

Online Bookkeeping Services for Small Businesses Bench Accounting

Unfortunately, InDinero doesn’t have many integration options, but if you already use the software they integrate with, it’s a very robust solution. With Full-Service Bookkeeping we pair you with a dedicated bookkeeper who will bring your books up to date and then manage your monthly books for you, so you can focus on your business. […]

Small Business Accounting Services: LYFE Accounting

While we checked multiple sites and forums to search for anything to the contrary, we couldn’t find it. As such, we applaud Xendoo for their responsive customer service team, and rank them as a good choice for business owners already utilizing payroll, invoicing, or back-office software. Bookkeeper’s clarity has earned kudos from us, and we […]

Outsourcing Accounts Payable: The Pros and Cons

Accounts payable outsourcing can help smoothen the AP process while ensuring that payments to vendors are cleared efficiently. Automation offers all these outcomes without sacrificing the security or visibility of your AP process. Moreover, invoice processing speed is limited by your staff’s what is operating cash flow formula ocf formula abilities and work hours. In-House […]