Bookkeeping vs Accounting: What’s the Difference? How Should You Choose?

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?. Imagine you have a 20 dollar bill, and that money is earned by providing a service and as a result, the business has the freedom to spend it, invest it or save it. Regardless of what happens to that 20 dollars next, these transactions have started bookkeeping and accounting processes.

Accounting Basics for Small Business Owners [By a CPA]

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?. As Warren Buffet says, accounting is the language of business. He and other savvy business owners use accounting to make investment decisions and decisions to grow the businesses they invest in. What is Accounting? Like really, what does accounting mean?