Auditing, Petty cash and Virtual Bookkeeping

5 Common Bookkeeping Mistakes You Must Avoid

Stephanie Peterson

SEPTEMBER 21, 2021

Not only does it make it difficult to track business transactions and make cash flow management difficult, but it takes away a business's credibility. Creating a separate bank account for your business will make it easier to identify the difference between personal and business expenses and help your case if the IRS ever audits your business.

Petty cash

Petty cash Bookkeeping Virtual Bookkeeping QuickBooks

5 Bookkeeping Errors that are Costing Your Business

Stephanie Peterson

JULY 21, 2022

Failing To Save And Record Receipts For Minor Purchases Misplacing or forgetting to record and save receipts paid with personal or petty cash for business-related purchases can add up to a loss of a significant amount of money, even to the most cautious business owners.

Bookkeeping

Bookkeeping Petty cash Virtual Bookkeeping QuickBooks

Financial Ops World

5 Common Bookkeeping Mistakes You Must Avoid

5 Bookkeeping Errors that are Costing Your Business

Webinars

Stay Connected