The AI algorithm continuously learns through a feedback loop which, in turn, reduces false anomalies. We empower accounting teams to work more efficiently, accurately, and collaboratively, enabling them to add…

At the end of the accounting year the balances will be transferred to the owner’s capital account or to a corporation’s retained earnings account. The exceptions to this rule are…

But accrual-basis is the only method that scales, making it preferable for any business focused on growth. Bench bookkeepers can also complete a modified form of cash-basis accounting by making…