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Purchase Journal Entry: Format, Examples and Recording Steps

Now, if it was an interstate purchase, you’d use Input IGST instead of CGST and SGST. That’s another area where people often get confused, especially businesses that deal with vendors across state borders. Also, it’s important to have documentation—such as a Payroll Taxes purchase invoice or bill—from the seller. This acts as proof of the […]

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How to Start a Bookkeeping Business: Actionable Steps

Bookkeeper360 offers a rare pay-as-you-go alternative to many online bookkeeping services. With each of their plans, they provide a dedicated accountant as well as helpful bookkeeping, reporting, and customer service opportunities. Pilot is a digital bookkeeping service dedicated to startups and growing businesses. Their roster of startups that have utilized the platform includes OpenAI, Lattice, […]

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