This is why its shows both payment and deposit in the Undeposited Funds. I show both the payment and the deposit in the undeposited funds account. Everything I have found tells you to find the deposit, but mine is already there. Accounting is the function of recording transactions for business activities AFTER they occur, so bank…

Ultimately, hiring a bookkeeper or financial management company will be different for every business and bookkeeper costs will vary. Deciding what kind of small business bookkeeping services you need, and what your business can afford is a great place to start. FinancePal offers a variety of financial services tailored to your industry and business operations….

Bookkeeping is the practice of recording all of a business’s financial transactions, helping the owner gain an accurate picture of its financial condition. Bookkeeping is part of the general accounting function, which shows how money flows in each specific business account, such as sales, cost of goods sold (COGS), accounts receivable, and accounts payable. An…