bluerocketaccounting

  Introduction:  it's clear that when one hears the word accounts, it generally talks about credits and debits. However, when it comes to business accounts,  accountants in Kent   define them from a much larger perspective. That is why businesses looking for success know the value and credibility that accounting services ad to their overall growth plan.  So, how integral and vital is accounting to business success? How do businesses use it to rise above the competition and succeed? Let us find out more below.   Ways Accounting Builds a Business' Growth Plan and Strategy    Accounting services  are always decisive and analytical to the last bone of financial records. This is how accounting makes a clear case of financials.  (a). It presents financial information in such a way that there is no more need for debate, question, or doubt. It logically clarifies and puts all business transaction data in a clear way.  (b). ...

Introduction:  bookkeeping and accounting are inseparable. Generally, bookkeeping is considered a part of accounting. If there is financial accountability, it's easier for businesses to make consistent business plans and decisions. Ultimately growth is possible according to growth projections. But what is the difference between bookkeeping and accounting? And what impact does either bookkeeping or accounting have on a business? Let’s navigate this further with an investigative approach and analysis.    What is Book Keeping? Bookkeeping records transactions for all business activities of the day in a consistent manner. It is the collection of vital financial information that is key to running a business with success. Bookkeeping is a foundational element for analytical accounting. What is accounting? Accounting is the interpretation, analysis, summary, and report of the financial transactions of a business. Financial statements in accounts are exact summaries of fi...