Accounting for limited companies The companies existed in the form of partnerships and sole traders; it hindered foreigners from investing their capital in companies like that. So, as a result, limited companies formed to make investments and many other facilities easier for people to carry out their business. After forming limited […]
The difference between Bookkeeping & Accounting When a business is set up and running, two types of staff will perform accounting functions. The one doing the day-to-day transactions and posting to the ledgers will be a bookkeeper. A business cannot run accounting functions only with a bookkeeper and needs an accountant. […]