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  • by Kanayo Okwuraiwe

    Accountant reading papers with a calculator in the background and paper behind his head

    What's the difference between a Bookkeeper vs an Accountant? Bookkeeping and accounting both contribute to the growth of virtually any business. However, it’s a common misconception that the work bookkeepers do and the work accountants do is essentially the same. This isn’t the case.  Although both play significant roles in an organization, they are different ...

  • by Kanayo Okwuraiwe

    Two cartoon bookkeepers working around large office items such as a calculator, a bar graph, and binders. There is a line graph in the background

    Bookkeeping generally involves recording a business’s day-to-day transactions and monitoring its financial records. This process contributes to the success of businesses of all sizes and across all industries. If you’re a business owner, you need to make staying on top of bookkeeping one of your top priorities. The following points illustrate why. They explain how ...

  • by Kanayo Okwuraiwe

    Cartoon representations of money, paper, and envelope, and credit cards on a yellow background

    It’s virtually impossible to run a successful business if you ignore bookkeeping and the types of bookkeeping. This is true whether you run a thriving enterprise or a single-employee operation. Do you own a business? Familiarizing yourself with the different types or methods of bookkeeping and understanding their differences can help you better determine ...

  • by Kanayo Okwuraiwe

    Two men shaking hands, with coins floating around them, and a globe in the background

    Establishing bookkeeping processes should be among the top priorities of any business owner during the early stages of growth. From the very beginning, it’s critical to monitor expenses, income, and other such transactions. Doing so supports everything from business growth to tax compliance. Business owners must decide between an outsourced bookkeeping service vs. an in-house ...

  • by Kanayo Okwuraiwe

    Computer screen with a spreadsheet open showing a bar graph and table.

    If you’re an entrepreneur, you need to prioritize bookkeeping from the start. Regardless of your industry or your business’ size, proper bookkeeping will help you remain financially secure while also promoting continued growth. You should understand which bookkeeping method is best for your business and how it effects the business financials. You have two ...