The ground rule of any business is to keep a track of money owed by clients as well as maintaining an accurate record of money received from clients, which in turn […]
Read More »Your current liabilities reported in the balance sheet are accounts payable. Now in order to close the books, monthly and yearly, you need to reconcile your accounts payable.
Read More »To differentiate between Bookkeeping and accounting is like figuring out who said, Vladimir Putin or Tywin Lannister, “It is extremely dangerous to..
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