Learn how accounting spreadsheets work with real examples of journals plus when to switch to accounting software.

In the dynamic realm of finance and accounting, numbers are the lifeblood of businesses. Efficiently managing these numbers is vital for the success of any organization, irrespective of its size. Here ...

T-accounting is a method used by accountants and bookkeepers that gets its name from the T shape formed by the two columns used to record entries. Also called double-entry accounting, T-accounting ...

An accountant uses a suspense account, a temporary account in the business chart of accounts, for recording all or part of a transaction that she doesn't know how else to code. When she identifies the ...

In recent years, technology has become a vital component of the accounting and bookkeeping industry. The days of consistent on-site consulting have morphed into brief off-site meetings, with a ...

Confirm that you and your virtual bookkeeper use the same accounting software. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take ...

Dana Miranda is a Certified Educator in Personal Finance® who's been writing about money management and small business operations for more than a decade. She writes the newsletter Healthy Rich about ...

Good bookkeeping is necessary to have the financial information you need to make sound business decisions. Many, or all, of the products featured on this page are from our advertising partners who ...

Bookkeeping is the systematic tracking, recording and organizing of daily financial transactions for businesses, companies or organizations. Proper, meticulous bookkeeping allows organizations to ...