Category: Bookkeeping

Though deficiency rates slowed in 2023, they’ve consistently risen since 2020. Accounting errors can lead to embarrassing and costly legal challenges and damage business integrity. Regardless of whether firms have fully embraced AI, its rapid advancements are offering effective solutions for challenges often tackled by accounting firms. This compels firms of all sizes, from small… [Read more]

However, because direct expenses are not incurred except for projects, they are not part of a firm’s overhead or operating costs. Some of these reports include A/R Aging Summaries, Outstanding Invoice reports, Profit and Loss, Balance Sheet, and more. Using Freshbooks saves you the headache and time you’d have spent crunching numbers instead of developing… [Read more]