Small Business Bookkeeping to help business owners create accounting processes and reporting to understand the financial health of their business.

bookkeeping terms in a Pictogram of an accountants computer screen

23 Bookkeeping Terms Every Small Business Owner Should Know

For small business owners beginning to grow their enterprise, sometimes background work like bookkeeping may seem daunting at first with its many terms and facets. Even if you decide to hire a bookkeeper to help with accounting needs, it is still imperative that you have a firm understanding of the drivers behind your business finances.…

bank reconciliation

Bank Reconciliation for Small Businesses: Why It’s Important and How to Do It

Whether you use accounting software like Quickbooks, an Excel spreadsheet or your an old school ledger book, the ultimate goal of bookkeeping is to reconcile a trial balance. Said another way, the final total of debits and credits must match in order to complete the reconciliation of your accounts. As you may already be aware,…