Small Business Bookkeeping A Guide for Service Businesses
Trying to run your business without proper small business bookkeeping is a bit like driving your car with a blanket thrown over the dashboard. You might be moving forward, but you have no clue how fast you're going, if you're about to run out of gas, or if the engine is on the verge of overheating. Bookkeeping isn't just about
Guide: Difference Between Invoice and Receipt Every Business Must Know
The fundamental difference between an invoice and a receipt really boils down to timing. An invoice is a request for payment that you send before a client pays you, while a receipt is proof of payment you issue after the money has changed hands. Think of it this way: an invoice says, "You owe me money," and a receipt says, "Thanks,