Bookkeeping is the recording of financial transactions and is part of the process of accounting in business.
Management accounts are a set of financial statements prepared either monthly or quarterly, to provide the financial current position of your business.
Financial statements are written records that show the business activities and the financial performance of a company each year. This is a legal requirement.
I am originally from Paisley in Scotland, which is where I studied for my BA in Accountancy at Glasgow Caledonian University.
I have known since quite a young age that I wanted to work with numbers as they have always fascinated me.
Accountancy has given me the opportunity to combine my 3 devotions: Numbers, people, and making a difference.
Payroll refers to the employees you pay, along with employee information. Payroll is also the amount you pay employees during each pay period.
Charity Accounting is prepared under different legislation, Charities Act as well as the SORP which dictates their format.
Although currently I believe QB is the best fit for the small organisations that I support, I also have experience of a number of others which I can setup and install.