Accounting and bookkeeping are complex practices that require the ability to keep track of countless transactions. There’s always money coming in and going out of a business. To ensure it’s all ...

Reconciliations, performed in accounting to minimize errors, are basically comparisons of two different reports or documentation. Because the general ledger, or G/L, is made up of accounts, ...

Businesses of all sizes document the money that flows in and out of their accounts using a general ledger. When a business is small, the same employee may receive payments and maintain the general ...