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Kohari & Gonzalez PLLC, CPA Charlotte NC providing accounting services to run your business in a great manner so that your business grows up day by day. Accounting plays an important role in the success of your business that's why always asking from a professional accountant for any business advice and financial help.
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ACCOUNTING AND BOOKKEEPING SERVICES Kohari & Gonzalez PLLC Kohari & Gonzalez PLLC, CPA Charlotte NC providing accounting services to run your business in a great manner so that your business grows up day by day.
What is Bookkeeping Services • Bookkeeping is the recording of financial transactions. Transaction include sales, purchases, income receipts and payments by an individual or organization. Bookkeeping is usually performed by a bookkeeper. • Many individuals mistakenly consider bookkeeping and accounting to be the same thing. This confusion is understandable because the accounting process includes the bookkeeping function, but is just one part of the accounting process. • A bookkeeper is usually responsible for writing the “daybooks”. The daybooks consist of purchases, sales, receipts, and payments. The bookkeeper is responsible for ensuring all transactions are recorded in the correct day book, suppliers ledger, customer ledger and general ledger.
How Is The Process Of Bookkeeping • Kohari & Gonzalez PLLC is a full-service accounting firm in Charlotte, NC and surrounding areas. Kohari & Gonzalez provide services like accounting/bookkeeping. • The bookkeeping process refers primarily to recording the financial effects of financial transactions only. The variation between manual and any electronic accounting system stems from the latency between the recording of the financial transaction and its posting in the relevant account. • This delay, absent in electronic accounting systems due to instantaneous posting into relevant accounts, is not replicated in manual system, thus giving rise to primary books of accounts such as Sales Book, Bank Book, Purchase Book for recording the immediate effect of the financial transaction. • Bookkeeping involves, first of all, recording the details of all of these source documents into multi-column journals also known as a books of first entry or daybooks.
Reasons To Hire Bookkeeping Services • If you’re a work at home mom presiding over a sizable online business in nearly any industry, it can make sense to hire on a bookkeeping services to take some of the financial burden off of top management. • Experienced managers know that payroll problems can create all kinds of issue related to financial liability or personnel relations. • Your business might be doing great, but if you have to spend a lot of time digging money out of clients, or otherwise dealing with A/R and A/P issues, that may be taking time away from your productivity.
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