Why is it important to reconcile your accounts? In accounting, there will be errors. To err is human, and even computers make errors. Reconciling your accounts is […]

Why is it important to reconcile your accounts? In accounting, there will be errors. To err is human, and even computers make errors. Reconciling your accounts is […]
When you perform a service for a client, and the client does not pay at the time of service or in advance, then you have an account […]
When you make a purchase for your business and you do not pay at the time of purchase, then you have an account payable, which is recorded […]
When you make a purchase for your business, you receive either a receipt or a bill, depending on whether you have paid, or you will pay later. […]