Bookkeeping is the recording of financial transactions. Bookkeeping associations can provide help on bookkeeping issues, tax issues, legal issues and professional development for their members. A trade or barter exchange is a commercial organization that provides a trading platform and bookkeeping system for its members or clients. Bookkeeping associations can provide help on bookkeeping issues, tax issues, legal issues and professional development for their members. Debit and credit are formal bookkeeping and accounting terms in the American system of accounting known as GAAP (Generally Accepted Accounting Principles) but applies when working with the European accounting system known as IFRS (International Financial Reporting Standards). They are the most fundamental concepts in accounting, representing the two sides of each individual transaction recorded in any accounting system. U.S. tax accounting refers to accounting for tax purposes in the United States. Unlike most countries, the United States has a comprehensive set of accounting principles for tax purposes, prescribed by tax law, which are separate and distinct from Generally Accepted Accounting Principles.
Bookkeeping and Tax Services
Bookkeeping and Tax Services
