February 2022

QuickBooks Online Advanced costs $235/month and supports up to 25 users. The QuickBooks Online Essentials plan costs $65/month and includes three users and more features. FreshBooks is great for self-employed individuals, sole proprietors and independent contractors. It is incredibly user-friendly and easy to navigate, so if you are a sole proprietor looking for basic accounting […]

This service gives you access to a QuickBooks debit card, cash flow forecasting, and QuickBooks Envelopes, which is a place to set aside savings. Learn more about the details of each additional QuickBooks fee below. No, it is relatively easy to use, although corrections can be more challenging. However, so if you work with a

Since journal entries are made throughout the year, it is important to properly date each one. The first book in which transactions are recorded is called the general journal. Transactions are recorded in chronological order (i.e., the order of their occurrence). The journal, also known as the general journal, is involved in the first phase

The general journal contains entries that don’t fit into any of your special journals—such as income or expenses from interest. You don’t need to include the account that funded the purchase or where the sale was deposited. Your general ledger is the backbone of your financial reporting. You will have no trouble as long as