The Distinction Between Bookkeeping and Accounting


  In the world of finance, there are several terms that are often used interchangeably and without proper understanding. Among these terms are "bookkeeping" and "accounting", which many people assume are the same thing. While there are similarities between these two functions, they are fundamentally different services that are required by businesses in different ways. This guide hopes to provide a clear understanding of the difference between bookkeeping and accounting services and how they can benefit your business.

28 August 2023

What You May Need To Know About The Process Of Liquidation


Have you been unfortunate to encounter financial difficulties in your business? Sometimes, these difficulties can seem overwhelming, and you may want to know if liquidation is viable. So, what's involved with this process, and how can you set the ball rolling? Understanding Liquidation Liquidation is the process of winding up a company's affairs, which includes selling its assets and using the proceeds to pay off any outstanding debts. Any remaining funds are then distributed to shareholders or creditors.

15 February 2023