When to close your end of month accounts
Tim JohnstonOne of the issues we regularly encounter with business owners is the issue of when to close off the accounts at the end of a period. All business owners and managers are keen to see...
Tim JohnstonOne of the issues we regularly encounter with business owners is the issue of when to close off the accounts at the end of a period. All business owners and managers are keen to see...
Tim JohnstonThe Role Of your Bookkeeper A bookkeeper is a financial professional that can offer a range of services for a wide gamut of clients. From small business to big businesses, a great bookkeeper will help...
Tim JohnstonWhen running any type of business it is important to understand basic accounting methods as well as the associated accounting statements. Perhaps one of the most important statements is profit and loss. What exactly is...
Tim JohnstonRecord keeping is an essential part of every company. Knowing how to keep accurate financial records, along with possessing the ability to understand the information contained in those records can make or break any type...
Tim JohnstonWhen setting up a new business you are faced with a wide variety of decisions. One such decision is how you will be keeping your books. Deciding if you should keep a cash accounting system,...
Tim JohnstonBookkeeping is a necessary component for any type of business, yet it is often neglected or done quickly or improperly because it is a tedious task. While traditionally bookkeeping was always done by using a...
Tim JohnstonIf you are considering employing a bookkeeper for your business, but aren’t really sure what they do and how they can help you, this is the article for you. People often underestimate the importance of...
Tim JohnstonWhile many people believe bookkeeping is easy, it is actually quite complex, and requires a bit of specialised knowledge and training to carry out properly. Add to this issue the matter or having to run...
Tim JohnstonThere are several common bookkeeping mistakes that business owners make which can not only cost you money, they can cost you a great deal of time as well. In order to help you avoid these...
Tim JohnstonWhen any business begins the process of bookkeeping it is important to understand how to establish the records as well as what the different types of accounts mean. A balance sheet is laid out to...
