Why online bookkeeping is better than traditional bookkeeping?
Initially accounting was traditionally processed manually and now in a rapidly changing environment companies have shifted their entire operations online. But there are still a large number of small to medium-sized businesses that rely on the traditional method of bookkeeping. Now that computers became popular and software became cheaper, accounting functions moved to the online […]
Why should an accountant keep away from bookkeeping?
Accountants and bookkeepers are different and they play different financial duties. Bookkeepers manage your ledger and make sure that your accounts balance every day/ every week/ every month or not. Actually accountants are tax experts and they provide you high level of understanding into your business. That’s why you shouldn’t ask your accountant to […]
Bookkeeping in Xero
Xero accounting software is a simple and easy platform to do bookkeeping for small to mid-size businesses. If you want to use, you have to follow all these simple steps. Xero file Setup: The first step to getting started with the setup of Xero account and enter your company information. This step includes filling your […]