Accounting is the process of recording and tracking financial statements to see the financial health of an entity. This is done by inputting, sorting, measuring, and then communicating transactions in various formats. Accounting consists of bookkeeping and analysis. Bookkeeping, or financial accounting, consists of recording transactions, which can include purchases, sales, and receipts of an individual or an organization. Once the bookkeeper records and organizes all of the transactions, the next step of accounting is to analyze these transactions into helpful reports which will show the state of one’s finances. These reports can include profit/loss statements, cash flow reports, and can track sales tax to keep a close eye on what is owed come tax time. With small business accounting done right, small business owner will be able to have a clear understanding of the state of your finances so you can make better decisions based on what you have available.
Fabrik – Industrial WordPress Theme
January 24, 2026
Fabrik, The Ultimate Niche WordPress Theme for the Industrial Sector offers full compatibility with Elementor + Elementor Pro, $340 worth of Premium Image Stock included, extensive setup guide, and timely support with an 8-hour average response time. This theme is perfect for beginners, eliminating the need to learn a new Theme Options Panel, widgets, or plugins – only requiring WordPress + Elementor + Elementor Pro.
