Remove accounting system Remove bookkeeping services Remove general ledger Remove tax services
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Navigating the World of Bookkeeping for Marketing Agencies

Steve Feinberg

This means that every transaction is recorded as either an expense or credit, and takes less fluid assets and liabilities into account, such as equity, loans, tax burden, etc. With double-entry bookkeeping, it’s easier to detect errors and identify areas for improvement in the general ledger.