Whilst performing a bank reconciliation, Michelle discovered a payment in the bank statement for $120 which was made on 1 September 20X8. At first, Michelle did not recognise the amount so she included this in her accounting records by debiting the suspense account and crediting the bank account. On investigation, she discovered that it was […]

If you are currently using QuickBooks Online and want to switch to an interface similar to QuickBooks Desktop, we recommend using the QuickBooks Online Desktop app. Read our article on what the QuickBooks Online Desktop app is to learn more. Yes, but the only option is QuickBooks Enterprise, as Pro and Premier will no longer

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There are many providers in the market offering accounting systems such as us (The Access Group), QuickBooks, Xero and Sage. We discuss below what the best accounting software is for medium businesses, what makes accounting software future-proof, and when you should upgrade your accounting software. As a medium-sized business, you need to be sure that

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