Category Archives: Bookkeeping

We’ve already mentioned some of the skills that full charge bookkeepers should possess, but we’d like to focus more on their educational background. Now, let’s take a look at full charge bookkeeper vs. bookkeeper job descriptions and compare them. Even though we’ve gone through the main full charge bookkeeping responsibilities, let’s delve deeper into how…

The money deposited into your checking account is a debit to you (an increase in an asset), but it is a credit to the bank because it is not their money. It is your money and the bank owes it back to you, so on their books, it is a liability. Furthermore, utilize technology to…

Understanding these techniques enhances your ability to manage production costs effectively and optimize resource allocation. Our free downloadable production scheduling template is designed to help you streamline your production processes and allocate costs effectively. In such cases, process costing is crucial for determining the cost per unit or at least putting them in the same…

Commissioned contractors often get payment once a good or service is delivered. Companies that had client tracking, software integrations and mobile apps performed better than those that didn’t. For pricing, we looked at the starting price for the software and whether the company was transparent with its pricing. Those offering transparent pricing fared better than…