How Bookkeeping is different from Accounting?

Introduction to Bookkeeping and Accounting Bookkeeping is the process of recording financial transactions, while accounting involves analyzing and interpreting financial data. Both functions are crucial for businesses to track their finances, make informed financial decisions, and comply with regulatory requirements. Bookkeeping: Recording Financial Transactions Bookkeeping involves recording all financial transactions, such as purchases, sales, and […]

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How can Bookkeeping help your business?

Bookkeeping / By Amit @BS

Bookkeeping is a crucial aspect of any business, regardless of its size or industry. It involves tracking and recording all financial transactions of a business, including sales, purchases, expenses, and receipts. By keeping accurate financial records, a business can monitor its financial health, make informed decisions, and comply with tax laws and regulations. In this

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Bookkeeping GAAP

Bookkeeping, GAAP / By Amit @BS

Bookkeeping GAAP (Generally Accepted Accounting Principles) refers to the set of standard accounting rules and guidelines that govern financial reporting in the United States. These principles provide a framework for consistent and transparent recording, measurement, and reporting of financial transactions. Historical Cost Principle: According to this principle, assets and liabilities should be recorded at

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Bookkeeping vs QuickBooks

Bookkeeping, QuickBooks / By Amit @BS

Bookkeeping vs QuickBooks Here’s a comparison between bookkeeping and QuickBooks, a popular accounting software, in a table format: Aspect Bookkeeping QuickBooks Definition The process of recording financial transactions Accounting software designed for small businesses and individuals Functionality Manual recording of transactions and financial data Automated recording, tracking, and management of financial data Data Entry Requires

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Zest Bookkeeping

Bookkeeping, Zest / By Amit @BS

Introduction to Zest Bookkeeping: This Bookkeeping is a professional bookkeeping service provider that offers comprehensive financial management solutions for businesses and nonprofit organizations. With a team of experienced bookkeepers and advanced software tools, this Bookkeeping aims to streamline financial processes, improve accuracy, and provide valuable insights to help clients make informed decisions. Zest Bookkeeping

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