Chloe Brooks

How Much Does a Bookkeeper Cost in Canada?

Getting your finances right as a business owner is crucial. However, juggling a business and staying on top of your bookkeeping isn’t an easy task. Investing in a qualified bookkeeper can help you grow your business without worrying about filing taxes or getting your employees paid. A bookkeeper’s salary depends on their experience level, company …

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What Is the Difference Between Bookkeeping and Accounting?

Your gut reaction might assume that bookkeeping and accounting are the same things. While they’re related, a bookkeeper and an accountant perform distinct jobs in an organization. A bookkeeper essentially keeps track of a firm’s financial transactions. This includes invoices the company pays out in addition to the payments and revenues a firm receives. An …

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What Is the Matching Principle in Accounting?

The matching principle accounting uses is a guideline that states that expenses and revenues record together based on the period they happen. Regardless of whether the business defines the period as a year, quarter, or month, they should all reconcile together. 1. What Is the Matching Principle in Accounting? The matching principle is an accounting …

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