Bookkeeping

As we alluded to earlier in this post, fraud prevention isn’t something you should overlook. One simple system you can put into place is to reconcile your bank statements monthly. In Xero, your chart of accounts is how you can organize and keep track of all of your transactions. Whether you DIY it or have …

sevDesk Buchhaltung Automated accounting for your shop orders Shopify App Store قراءة المزيد »

The primary purpose of a control account is to detect errors in subsidiary ledgers. But they also provide other advantages to a business, such as allowing it to draw its trial balance from the general ledger. Control accounts are an essential component of double-entry accounting and constitute the basis of the general ledger. These reports …

What is a Control Account? قراءة المزيد »