Contrary to popular belief, accountants and bookkeepers perform distinctly different tasks for the businesses they serve. Bookkeepers are responsible for on-going maintenance of their clients’ general ledgers. A bookkeeper’s common responsibilities consist of: Compiling data on a daily basis Categorizing expenses in the general ledger Reviewing the general ledger for accuracy Reconciling bank statements against […]
Let a professional do a professional’s job. If you are like most business owners and CEOs, you take full pride in the services or products your company provides. You want to focus your time and energy on business strategy and goals. Outsourcing the ongoing accounting to a dedicated, highly skilled professional services firm allows you […]
Well there are several answers to this question, but let me give you a few: Probably the most important reason, if you run a business in Canada or the USA, it is a legal requirement. By law, the government requires you to keep certain business records and penalties may apply if you do not comply. […]