Five Key Benefits Of Having A Good Bookkeeper

June 20, 2013 4:53 pm5 comments
Five Key Benefits Of Having A Good Bookkeeper

By : Paul James*****If you currently own a business, or are looking to set up a new business, or have owned a business in the past, employing a bookkeeper is something that you will have considered at one point or another. For many business owners, finance will not be your strongest point. But the fact is, it is one of the most important elements for the success or failure of any business.

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What are Debits and Credits?

May 8, 2013 12:06 pm0 comments
What are Debits and Credits?

They may sound like foreign languages to you … but in fact, “debits” and “credits” originated from their original Latin words, “debere” and “credere”. Debit comes from “debere”, which means “to owe”. Credit comes from “credere”, which means “to believe”. Hence, in accounting language, debit is abbreviated “Dr” while credit is abbreviated “Cr”.

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