Learn About Accounting Staff Qualifications Just as with any role in your company, you always want to make sure you are hiring qualified people to
The purpose of closing the books is to make sure that all the financial information about your business is accurate and entered properly.
Check writing is one of the easiest to manage, and one of the most critical since it often has the greatest room for error and, potentially, fraud. We recommend that our clients keep close control over their check books with strict rules and protocols about payables and receivables.
Understanding the types and hierarchy of the line items in your chart of accounts will make it easier to maintain clean books, and use your accounting software properly. The chart of accounts categories fall under a few basic groups: income and expense, assets, liabilities and equity accounts.