Most individuals who try to run their own virtual bookkeeping business work much too hard, are severely underpaid, and ultimately fail miserably. No, it is not because they lack the necessary bookkeeping skills. So, why do so many bookkeepers fail? They..
Cryptocurrency is a medium of exchange, created and stored electronically in the blockchain. One of the most popular ones is Bitcoin. Besides making transactions using this type of currency, people also make money with cryptocurrency. Thus, they need to account for..
Financial statements differ based on whether you have a for-profit business or operate as a non-profit organization. Today, you will learn about financial documents that nonprofits need to prepare instead of standard reports that for-profit businesses have. These statements form a..
Your journey as a business owner starts with having access to reliable financial information. Most people probably think of bookkeeping and accounting as the same thing, but bookkeeping is really one function of accounting, while accounting encompasses many functions involved in..