Of all the small business financial statements, the general ledger is, perhaps, the most important. It is a record of all your company’s financial transactions, recorded as a debit and a credit. When your bookkeeper and financial controller work together at the end of the month in a process called “closing the books,” one of the procedures they complete is making sure the general ledger reconciliation is accurate and it balances. What does that mean? For every transaction, there is an equal and opposite transaction. (It’s actually more complicated than it sounds once you start delving deeper, but that’s why you have your bookkeeper and financial controller at AccountingDepartment.com.)
You know you’ve got your work cut out for you finding good financial accounting software when you see entire books.
Are you looking for an affordable accounting service, but feel like all the SMB solutions for finance and accounting.
If you’ve always had a private bookkeeper or CPA who manages your books, there are certain aspects you may have liked.
It’s been said that time is the ultimate non-renewable resource, and whoever said that is probably a genius. Or at very.
If you’ve been considering outsourcing your accounting services, it might help you to know that several organizations.
Do you consider yourself a small business? You might ask, “Small compared to what?” OK, if we’re talking about a big.
AccountingDepartment.com carries professional liability (E&O) Insurance and employee dishonesty coverage. AccountingDepartment.com provides accounting services, bookkeeping services, and controller services, as well as advisory services, to businesses nationwide. We do not provide tax services, including but not limited to tax preparation, tax law, tax compliance, tax filing, and tax planning services. Please consult your CPA and tax advisors for tax consulting.
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