The role of today’s bookkeeper often extends well beyond simply managing a business’s books. In fact, as one practitioner of the art put it, the bookkeeper of the 21st century is more akin to a conductor. “…we are really coordinating the information, and integrating systems, and discussing processes more than we’re actually doing what traditionally…
Why do I need a Profit & Loss Report and how do I read it?
Most people start their business because they are passionate about the primary work of the business — which usually is not accounting. This means that most business people aren’t completely aware of how to interpret the monthly financial reports they receive. For business owners, the Profit & Loss Report, and other financial reports can highlight…