Accounts Payable: Definition, Example, Journal Entry

Another, less common usage of “AP,” refers to the business department or division that is responsible for making payments owed by the company to suppliers and other creditors. It’s important to note that some EAs only provide tax services and don’t handle other bookkeeping and accounting work. To decide whether you need a bookkeeping tool or accounts payable tool, you […]

How Much Does Bookkeeping Cost In-house & outsourced

If you’re not tracking daily expenses, you’ll have very little information to give to your accountant and they won’t be able to make informed decisions. If you’re only focusing on expenses and not big-picture financial data, you’ll miss out on some strategic opportunities. Accountants advise leadership on how to make more strategic financial changes that save the company money or […]

Average Monthly Bookkeeping Fees

Allowing us to tackle the headache and frustration that financial management can bring will give you the time to focus on growing your business to the next level. We care about your cash flow, hence we don’t put any hidden fees that will surprise you. At LYFE Accounting, we make that available to you through our online bookkeeping services. You’ll […]