In a previous post, we discussed the importance of maintaining good accounting and bookkeeping practices. One aspect of proper bookkeeping includes tracking depreciation and asset management.
Accurate tax reporting is a key component to the health and well-being of any company. While the accountants and bookkeepers in your company may not actually process your company tax returns, they still have an essential job in the tax preparation process.
When processing a high volume of customer orders, it is not uncommon to go on autopilot. But autopilot is the exact opposite of what is needed when it comes to delivering a high-quality service to your client.
When it comes to accounting and bookkeeping, there isn’t much room for error. Keeping sloppy books is not only bad business, but it can also be expensive in the event of an audit. There are some missteps, though, of which even a good bookkeeper can be guilty.