What is it? The profit and loss statement is one of the three fundamental financial statements that is used to evaluate a company’s financial position and performance in the field... read more →
When you first launch your business as a sole owner, it may seem convenient to use your personal bank account for the transactions. If you add a separate bank account... read more →
If you are a small business owner, wearing a lot of hats is just what you do. As your business grows, delegating different tasks to others might not be a... read more →
It is not only important for a business owner to understand the difference between a bookkeeper and an accountant but also to recognize their qualifications. The Bookkeeper Usually, a bookkeeper... read more →