Recent Entries

• What are the 5 accounts in bookkeeping?

  by Lisa Smith Nov 5
  The five core accounts in bookkeeping, often referred to as the "Five Major Account Types" or the Accounting Equation categories, form the fundamental structure of every balance sheet and income statement. Bookkeeping Services in Baltimore. Here are the five accounts: 1. Assets 💰 Assets are things...

• How does outsourcing bookkeeping work?

  by Lisa Smith Nov 5
  Outsourcing bookkeeping is essentially delegating the day-to-day recording and management of your company's financial transactions to an external individual (a freelance bookkeeper) or a specialized firm. It is a streamlined process built on secure digital access, clear communication, and defined r...

• How many accounts can a bookkeeper handle?

  by Lisa Smith Nov 5
  That is one of the most common questions new bookkeepers and business owners ask, but there is no single, fixed number. The realistic client load for a single bookkeeper can range from 5 to over 40 accounts, depending entirely on three critical factors. Bookkeeping Services in Cincinnati. Here is ...