Adam Hill, author at Online Accounting

Adam Hill started accounting and trading back in 2007. He has achieved quite a lot of success. Now he decided to open his blog. Here he publishes articles on accounting. For any questions of interest, please contact us by e-mail: admin-hill@online-accounting.net

Excel bookkeeping templates: Free Small Business Bookkeeping Templates

Jun 26, 2023 Bookkeeping by Adam Hill

We’ve collected 23 of the top bookkeeping templates for small business owners. Each template is free to download, printable, and fully customizable to meet your business needs. Designed with a beginner and small business focus in mind, they also provide content which clearly talks through the basics of creating documents from these templates, and explains
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End of year bookkeeping: The Ultimate Year-End Accounting Checklist 2022

Jun 26, 2023 Bookkeeping by Adam Hill

You might be managing and juggling accounting processes to ensure a smooth financial transition for your business. QuickBooks makes it easy to close your books at the end of the year. The steps you take to close out your books will depend on what version of the software you are using. This includes keeping track
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Double entry bookkeeping: A Beginner’s Guide to Double-Entry Accounting

Jun 26, 2023 Bookkeeping by Adam Hill

The accounting equation serves as an error detection tool; if at any point the sum of debits for all accounts does not equal the corresponding sum of credits for all accounts, an error has occurred. However, satisfying the equation does not guarantee a lack of errors; the ledger may still “balance” even if the wrong
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Difference between budget and forecast: Budgeting vs Financial Forecasting: What’s the Difference?

Jun 23, 2023 Bookkeeping by Adam Hill

You may find short-duration budgets for a month based on the company’s expense management. Companies prepare the budget before implementing the plan and may adjust it to manage their operations better. The difference between budgeting and forecasting comes down to their specific roles in your business. Overall, forecasting is a more useful tool to use
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Delivery docket template: Delivery Docket template Better than word, excel, PDF Free to use

Jun 23, 2023 Bookkeeping by Adam Hill

The bottom of the note displays the sellers company address along with a statutory note that you can modify as per your own company rule. A delivery note is a document that your customers might appreciate when products are delivered. While it can sometimes be confused with an invoice, a delivery note has its own
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