Bookkeeping

In case you were wondering, there are some core differences between the roles played by a bookkeeper and an accountant in businesses. A certified public accountant is not the same as a certified bookkeeper. As a bookkeeper, you can offer small business owners solutions to their record-keeping problems. This makes it easier for the accountant […]

Sometimes, the customers may have issues with a certain bill and refuse to pay because they claim there was a mistake. Organizations must make sure they have a well-defined way to look into these matters and deal with them. If there is a mistake, there can be changes made to help retain the customer and

The aging method is considered more precise than the percentage of receivables method because it accounts for the fact that the probability of collecting receivables decreases as they become older. This method provides a nuanced view of potential bad debts and is particularly useful for companies with a diverse range of receivables. Your aging report