Accounting errors & Fixes

Accounting errors & Fixes

Accounting errors affecting the trial balance As mentioned above, errors that throw the trial balance out of balance are relatively easy to find. The following two types of errors are common when the ledger accounts do not balance. Error of omission: Leaving out part...
Bookkeeping vs. Accounting: What is the Difference?

Bookkeeping vs. Accounting: What is the Difference?

Bookkeeping vs. Accounting: What is the Difference? Most individuals are aware that accounting and bookkeeping are connected to finance, but they mistakenly assume that the two fields are identical. While it is true that these fields are both pillars of business...
A Complete Guide to Mental Health Billing!

A Complete Guide to Mental Health Billing!

A Complete Guide to Mental Health Billing   Mental health has been a hot button issue nowadays, particularly since the Covid-19 pandemic began. According to a study by KFF/CNN, 90% of adults in the US believe that the country is facing a mental health crisis....