416-455-7214 pbset@bellnet.ca
2610 Weston Road, Suite 202 Toronto, Ontario M9N 2B1
Padgett Business Services
  • Home
  • Our Services
    • Accounting Services
    • Tax Services
    • Consulting Services
    • Bookkeeping Services
    • Paytrak Payroll Services
    • Audit Services
  • About Us
  • Blog
  • Contact Us
Select Page
Bookkeeping Vs. Accounting: Determining Which Service You Need

Bookkeeping Vs. Accounting: Determining Which Service You Need

by BreezeMaxWeb | Nov 4, 2019 | Bookkeeping, Business Services

It’s difficult for most people to identify the prominent differences between bookkeeping and accounting. The two have common objectives and goals and work with financial data, use accounting knowledge and produce reports using financial transactions. Although there...
Cash Basis Accounting Vs. Accrual Accounting

Cash Basis Accounting Vs. Accrual Accounting

by BreezeMaxWeb | Aug 29, 2019 | Advice, Business Services

The difference between accrual and cash accounting is the timing of when sales and purchases are recorded in your books. Accrual accounting recognizes revenue when it is earned and expenses when they are billed but not paid. Cash accounting acknowledges revenue and...

Recent Posts

  • Bookkeeping Vs. Accounting: Determining Which Service You Need
  • Cash Basis Accounting Vs. Accrual Accounting
  • How Bookkeepers Can Help Your Business
  • Filing Taxes Late In Canada: What Are The Penalties?

Recent Comments

    Archives

    • November 2019
    • August 2019
    • June 2019
    • May 2019

    Categories

    • Advice
    • Bookkeeping
    • Business Services
    • Taxes

    Meta

    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org

    Padgett Business Services

    2610 Weston Road, Suite 202
    Toronto, Ontario
    M9N 2B1
     

      416-455-7214

       pbset@bellnet.ca

    Learn more about our small business software here

    www.padgettconnect.ca

      Website Design and Google Advertising by BreezeMaxWeb