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ContentExample of AccountingTop 8 Differences between Bookkeeping and AccountingCash Method vs. Accrual Method of AccountingKeep your general ledger currentaccount A bookkeeper might be responsible for managing the tax, benefits and other deductions of employee wages to ensure the accuracy of payroll processing and documentation. If you’re a new business owner, you’re likely already spread thin. But if you have the time to dedicate to updating your books regularly, doing your own bookkeeping may be feasible. Non-operating ExpenseNon operating expenses are those payments which have no relation with the principal business activities. This is especially important for payments you make to [...]