Bookkeeping vs Accounting: Why Your Business Needs Both for Financial Health
Understanding the nuance between bookkeeping vs accounting is often the first step toward true financial maturity for any business owner. Initially, many entrepreneurs use these terms interchangeably, assuming that recording transactions is the same as analyzing them. In reality, while both functions deal with financial data, they serve distinct but equally vital roles in your […]
How Bookkeeping Works: Unlocking Financial Clarity for Your Business
Understanding exactly how bookkeeping works is the first step toward transforming your financial records from a burden into one of your most powerful business assets. Initially, many business owners view bookkeeping as a tedious chore involving piles of receipts and confusing spreadsheets. However, at Giesler-Tran Bookkeeping (GTB), we see it differently. When done correctly, bookkeeping […]