How to create and adjust the Opening Balance Equity

This can occur if the bookkeeper did not properly close out the previous accounting period. To fix this issue, the bookkeeper should review the general ledger and make sure that all prior account balances are accurate. As you enter opening balances for your assets, liabilities, and equity accounts, the OBE account offsets these amounts. Once […]

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One Year of Sobriety: Celebrating Milestone

Discover non-12-step rehab to treat addiction, a revolutionary approach offering personalized recovery paths. Sometimes the best gift isn’t something material, but something that enhances someone’s day. A sobriety gift can be a little something to acknowledge hard work, such as a keychain or medallion, or it can be an experience that gives a nod to […]

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