Entrepreneurship, staying organized, diy accounting, and the latest Shoeboxed news.
Look at examples and explanations of single-entry bookkeeping to track your business’s finances. And find out if you should use this bookkeeping type.
You may have heard about the double-entry accounting method to keep track of a business’s finances.
But do you know there’s another method called single-entry bookkeeping that has been commonly used since the 1400s?
In this article, we’ll tell you in more detail about this ancient bookkeeping method with some easy-to-follow examples so that you can understand it.
Find out the double-entry bookkeeping best practices that you’ve been missing out on! Pictures, examples, and more…
If you’re a small business owner setting up your bookkeeping, you must decide on your accounting system: double-entry or single-entry?
Though single-entry bookkeeping is very straightforward and easy to implement, it can’t provide a business with sufficient financial data and a secure, accurate recording system.
That’s why double-entry bookkeeping might be more beneficial to your business, and if so, this article is written just for you.
While a bookkeeper’s responsibilities can vary significantly from business to business, some duties are fundamental.
Bookkeepers are essential for any business. The core function of a bookkeeper is data collection and data input of a business’ accounting cycle.
If you’re considering hiring a bookkeeper for your small business or if you’re considering bookkeeping as a career, it’s important to understand bookkeeper responsibilities to move ahead with your goals.
Here’s a bookkeeper responsibilities list, covering the core competencies of what a bookkeeper does within the small business accounting process and why each aspect matters.
