Finding the best bookkeeping service online can be quite a challenge. You have the option to choose from either an offline or online bookkeeping service, but since the options available for finding an offline bookkeeper are limited, choosing an online bookkeeping service provider can be a good option.The tax laws... read more →
Welcome to Akuracy's Blog
Here you'll find helful articles that'll give you bookkeeping, accouting and tax tips. If you're a small business owner, this blog is for you.
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 of professional accounting. The two others are cash flow statement and balance sheet. How it works? P&L statement compiles the... 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 for your company, it will provide you higher levels of tax incentives and asset protection while increasing the reliability of... 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 bad idea. Bookkeeping is an essential part of a business. If you find yourself running your business and doing your... 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 is needed to have around two to four years of working experience or a degree. To be experts in their... read more →