This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Whether you are an independent contractor or a ...

Bookkeeping is the recording of financial transactions. The purpose of bookkeeping is to create a record of financial transactions that can be summarized for various uses. Bookkeeping systems range ...

The accounting system for your business consists of several types of records. Although there are many types of underlying financial records, such as invoices, journals, and receipts, the major ...

Bookkeeping is a method in which you track the books of your business—the actual accounting of your organization to make sense of everything that has gone on in your business. And having a bookkeeping ...

Last week in a discussion with a business coaching client, I asked if she had updated bookkeeping and accounting records that would help her make the best business decision for a big question about ...

Every business owner needs to keep accurate and timely accounting records, so good bookkeeping is a vital part of the business. Bookkeeping builds the business's financial foundation, and that ...

Maintaining a general ledger helps you gauge a business's financial health and avoid accounting mistakes. Learn what a ...

Not all forms of accounting are the same. Some focus on costs, others on audits and some focus on taxes. While having a solid handle on your business’s finances is essential, how you track business ...

Employers keep paycheck records to comply with federal and state laws, complete tax returns, and use in audits. Here's what ...

Please note: This item is from our archives and was published in 2002. It is provided for historical reference. The content may be out of date and links may no longer function. irtually all accounting ...