Good bookkeeping is necessary to have the financial information you need to make sound business decisions. Many, or all, of the products featured on this page are from our advertising partners who ...

While bookkeeping and accounting are both essential business functions, there is an important distinction. Bookkeeping is responsible for the recording of financial transactions. Accounting is ...

Learn what every business owner needs to know about financial accounting, accounting software and financial statements.

Double-entry bookkeeping is a system that tracks the way funds flow within a business by accounting for transactions as transfers from one account, or bookkeeping category, to another. In double-entry ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Whether you are an independent contractor or a ...

Managing financial records looks different from how it did a decade ago. Where businesses once relied solely on in-house staff or local accounting firms, companies now use virtual bookkeeping to ...