Bookkeeper Skills (Invoice, Expense, Payroll, Paybills, Bank Deposit )

 Invoices form the major component of Accounting in small businesses. It is a formal document that keeps track of a transaction between a buyer and a seller. It also acts as a crucial tax document that should be retained as proof of your income. People and organizations have found it easier to rely on Electronic Invoicing as an alternative to paper since the dawn of the computer era. Electronic Invoicing, often known as E-Invoicing, is a type of electronic billing that allows parties to generate, save, and track transaction-related documents in order to guarantee that the requirements of their agreements are met. 

In EXPENSE "It is important to understand the difference between “cost” and “expense” since they each have a distinct meaning in accounting. Cost is the monetary measure (cash) that has been given up in order to buy an asset. An expense is a cost that has expired or been taken up by activities that help generate revenue. Therefore, all expenses are costs, but not all costs are expenses.