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Reconciling your bank statements doesn’t have to be confusing or time-consuming. This guide walks you through the bank reconciliation process step-by-step—helping you catch errors, prevent fraud, and keep your business finances on track. Whether you're a freelancer or a business owner, these tips will simplify your bookkeeping and ensure your records are always accurate.
Understanding the difference between Accounts Payable (AP) and Accounts Receivable (AR) is crucial for every small business owner. AP refers to what your business owes to suppliers, while AR is what customers owe you. Properly managing both ensures smooth cash flow, avoids late payments, and keeps your finances in check. In this blog, we break down AP and AR in simple terms with real examples, journal entries, and tips to manage them efficiently.
Payroll isn’t just about paying your employees — it’s about ensuring accuracy, compliance, and financial control. In this essential guide, we break down payroll accounting into simple, actionable steps tailored for small business owners. Learn the core components, journal entries, common pitfalls, and how to streamline your payroll process with the right tools and expert support.
Managing finances across borders isn’t easy — but with international bookkeeping, it becomes manageable and strategic. Learn how professional bookkeeping services ensure compliance, accuracy, and growth for global businesses. Discover why your company needs GlobalBookkeeping.net to thrive in the international marketplace.
Managing rental properties involves more than just collecting rent—it requires precise lease tracking, detailed expense management, and accurate financial reporting. By combining Yardi for property operations with QuickBooks for bookkeeping, property managers can streamline workflows and ensure audit-ready financials. Discover how to integrate these powerful tools effectively to simplify your property accounting and boost efficiency.
Cash flow is the lifeblood of any successful business. In this post, we’ll share practical strategies to help you track, manage, and optimize your cash flow—so you can stay financially strong, avoid surprises, and plan confidently for the future.
Efficient management of accounts payable and receivable is key to maintaining healthy cash flow and financial stability. At Global Bookkeeping, we provide expert guidance and tools to help your business streamline invoice processing, improve vendor and customer relationships, and optimize payment schedules. Discover best practices to take control of your AP and AR today!
Here are 5 clear signs it might be time to bring in a professional accountant—and how Global Bookkeeping can help you save time, stay compliant, and make smarter financial decisions.
Accurate bookkeeping is more than just number-crunching—it’s the foundation of smart business decisions. When your financial records are up-to-date and precise, you gain clear insights into cash flow, profitability, and operational efficiency.
In today’s fast-paced business world, small businesses need more than just traditional bookkeeping—they need agility, real-time insights, and the ability to scale without being bogged down by paperwork. That’s where Global Bookkeeping’s cloud-based accounting solutions come in.
Managing your business expenses doesn’t have to be complicated—especially with Global Bookkeeping by your side. From separating personal and business finances to using smart software, digitizing receipts, creating budgets, and reconciling monthly—we help you stay organized, compliant, and in control.
Avoiding financial mistakes starts with smart bookkeeping. In this post, Global Bookkeeping shares 5 essential practices to help your business stay organized, accurate, and compliant. Don’t let small errors cost you big—read on to stay in control of your finances.
We'll handle the numbers, you focus on your business