Category: Bookkeeping

A PEO acts like a co-employer of your employees, helping you manage a wide range of payroll tasks. When it comes to processing payroll, there’s nothing like great customer service, too. With Hourly, you can talk to a real person whenever you need a question answered. Here are seven types of tasks you can say goodbye to…

As a result, the bank debits the amount against such dishonored cheques or bills of exchange to your bank account. Your bank may collect interest and dividends on your behalf and credit such an amount to your bank account. As mentioned above, bank overdraft is a condition where a bank account becomes negative as a…

Most business owners are used to carrying out frequent account reconciliations. Select the account you wish to reconcile from the Account drop-down menu. Having up-to-date and accurate accounts is important for any business. The journal entry goes into a special expense account called Reconciliation Discrepancies. Make sure you have the right dates and transactions. The…