Less Accounting

MAY 9, 2023

Take a look at this bookkeeping cleanup checklist to get all your financial ducks in a row. Collect all your financial records It’s hard to say which part of this process is the most difficult, but depending on the type of business you have, rounding up all your past financial records may be the most time-consuming.

Bookkeeping 98

Bookkeeping Accruals Reconciling Accounting Software 98

Nanonets

APRIL 4, 2023

Recording business transactions in Excel is simple. You can see every activity: your direct deposit, your cell phone bill, the pizza you ordered, and a balance that shows how much is in the account after every transaction. In that case, you should consider using accrual method accounting. Ready for the crash course?

Small Business Accounting 52

Small Business Accounting Accruals Accounting Accounting 52

Nanonets

MAY 6, 2024

There are several types of general ledger reconciliations:   Bank Reconciliation : This type of reconciliation involves comparing the transactions recorded in the general ledger with those reflected in the company's bank statements.

General Ledger 52

General Ledger Reconciling Data Entry Payroll 52

Nanonets

JUNE 17, 2023

Account reconciliation is a critical process in accounting, which ensures that financial records are accurate and consistent. By incorporating efficient reconciliation in accounting practices, organizations can maintain a solid financial foundation, detect discrepancies, and reduce the risk of financial errors.

Account Reconciliation 52

Account Reconciliation General Ledger Accounting Accounting 52

Cloud Accounting Podcast

AUGUST 3, 2020

There's a form called Form 3115, which you file with your income tax return to change your accounting method from cash to accrual, vice versa. A federal credit union told the Justice Department that 59 out of 60 SBA deposits it received appeared to be fraudulent. You can get instant deposits to that account free of charge.

QuickBooks 40

QuickBooks XERO Bookkeeping Payroll 40