Account reconciliation is the process of comparing internal financial records against monthly statements from external sources—such as a bank, credit card company, or other financial
The monthly closing process can differ slightly from one business to another based on variances in the chart of accounts, revenue and expense recognition, and
Strictly defined, the business term “accounts payable” refers to a liability, where a company owes money to one or more creditors. Some people mistakenly believe
When a company purchases goods and services from a supplier or creditor on credit that needs to be paid back in a short period of
There is no question that 2020 was a year of disruption for everyone on both a personal and professional level. On the business front, the
Financial statement analysis is the use of analytical procedures to evaluate the financial health, risks, performance, and future potential of a business. Even the smallest
If you’ve only recently stepped foot into the bookkeeping arena, you may still find yourself confused about accounts payable and accounts receivable. Both processes are
Sharagon Bookkeeping Services (Virtual Bookkeeper)
We have over 7 years of experience working for Bookkeeping firms and independently with companies in every major industry assisting business owners with all Bookkeeping aspect of their business.
