Category: Bookkeeping

Plus, it offers a variety of plans to suit different business needs and budgets. Virtual, outsourced, and online are often used interchangeably when referring to bookkeeping and accounting.

Prepaid insurance is treated as the asset of the firm and is recorded under the Asset side of the balance sheet. Likewise, the journal entry for the insurance

Furthermore, an invoice sent by mail also counts as an external document, even if it is printed independently. You should use invoices to inform a customer that a