The format of a double-column cash book given above has six columns on both debit and credit sides. The purpose of cash and bank columns has already been explained at the start of this article. The purpose of the date, description, voucher number (VN), and posting reference (PR) columns has been explained in the single-column […]

The 21st century has seen an increase in Challenger banks in the United Kingdom, with benefits including fee-free overseas spending. Notable challenger banks include Monzo, Revolut and Starling Bank. The major debit card vendors in Brazil are Visa (with Electron cards), Mastercard (with Maestro cards), and Elo. However, if you have overdraft protection on your […]

With GoDaddy Bookkeeping, these online sellers will quickly and easily be able to manage their finances with automatic access to their sales data within one system. Project management is lacking, along with payroll, bill-pay, inventory management and other features larger businesses would quickly miss. To be fair, GoDaddy is not competing against QuickBooks or Xero, […]

61% of freelancers today say their biggest problem is landing clients, so streamlining their process can clear room in their schedule to pursue their next gig. QuickBooks Online pricing offers five main plans, plus a host of add-ons for an extra monthly charge. Since you don’t have the additional cost of file hosting and servers, […]

In fact, healthy nonprofits will do this to help fund 3-6 months of operating reserves. There are a number of tools that can assist in creating a nonprofit budget. Some of the best options include Google Sheets, Excel, and budgeting software programs like Xero or QuickBooks. That means your nonprofit will be allocated funding for […]