If the general ledger balance doesn’t match the supporting documentation, that’s ok and common. These differences are called reconciling items, and you’ll need to understand what they are. A reconciliation compares the balances in the general ledger with other supporting documentation to verify the accuracy of the general ledger

Paycor offers plans for businesses of all sizes, but the software is best for medium and large businesses with more complex HR needs than smaller companies. In addition, when trying to access tax services, I was simply upsold by a partner company that wanted $500 plus $150 to do my

Bench can get your bookkeeping caught up for an additional charge through their Catchup and Retro services. You can also add on specialized bookkeeping services for segment-level bookkeeping and accounts receivable tracking. Bench doesn't offer payroll services, but you can save up to 30% on Gusto payroll services thanks to

Safeguarding your data is crucial to prevent a financial data breach that could have serious consequences for your firm and your clients. This is made even more complex with the shift towards remote work and the increased reliance on cloud technology. As we explore the strategies for implementing accounting security

For example, the company will use the sales budget to set targets for revenue generation and adjust marketing and sales strategies as necessary to meet these targets. The production and manufacturing budgets will be used to plan https://www.bookstime.com/ production levels and ensure the company has sufficient inventory to meet demand.