Category: Bookkeeping

What is posting in accounting?

This shows that not only both of these entries have been transferred to the ledger accounts,…

Autumn Statement 2023 Overview of tax legislation and rates OOTLAR

This influences which products we write about and where and how the product appears on a…

Revenue vs Retained Earnings: What’s the Difference?

This means that retained earnings are not considered a current liability of the company, but an…

What is SAP Reconciliation Account?

Reconciliation also confirms that accounts in a general ledger are consistent and complete. That’s why producing…

Bookkeeper Job Description, Skills, Experience and Education

In either case, consider handling the accounting yourself or delegating this responsibility to one or a…