As a business owner, you need to understand the differences between accounting and payroll. While accounting and payroll overlap, the two departments differ substantially. Accounting keeps track of their business’s financial health. Payroll focuses on paying employees, taxes, and benefits. In this article, we discuss the similarities and differences between
It may seem like the billing and accounting department for your business is simply there to push paper (or emails), and can’t add value to your business besides the invoices it sends out.This couldn’t be further from the truth, and if you’re lackadaisical with your accounting practices, you could be
Managing and understanding your QuickBooks financial reports can be a difficult task if you do not know what the five most important numbers in your bookkeeping mean. This is why it is always a good idea to seek professional guidance when you are trying to understand what your numbers represent.
Have you ever heard of the Pareto Principle or the 80/20 theory? Business-management consultant Joseph M. Julian named the principle after Italian economist Vilfredo Pareto. In 1906 Pareto observed a connection between income and wealth, where 80% of Italy’s land was owned by 20% of the population. He carried out
matt@sharppayrollservice.com
(732) 458-3800
928 Arnold Ave,
Point Pleasant, NJ 08742
