Definition of Book-keeping

Bookkeeping can be defined as the activity or occupation of keeping records of the financial transactions of a business. Transactions include such as purchases, sales, receipts and payments by an organization/corporation or an individual person. Objective: The prima-facie objective of bookkeeping is to keep a complete and exact record of all financial affairs in a … Read more →

Accounting Challenges Startups Face and How QuickBooks can help fix them 

Starting your dream venture is a fascinating adventure. Doing what you’re passionate about, being your own boss, and, at the same time, creating employment opportunities for others. There’s nothing quite like it. But great dreams, of course, involve great responsibilities and challenges.  While having your own business may be the best thing you’ll ever do, … Read more →

5 Technologies that are Impacting Accounting Careers

Accounting has been affected by technology ever since they rolled out adding machines and calculators. Spreadsheets and computers were another productivity revolution, something that has continued with software programs. Yet technology hasn’t stopped altering the way accountants do their jobs or the profession as a whole. Here are five technologies that are impacting accounting careers. … Read more →