ABC Tax Services - West Babylon, NY - Phone: (631) 661-1427
Gilman & Ciocia Inc - West Babylon, NY - Phone: (631) 321-7780
Ideal Tax Consultants Inc - West Babylon, NY - Phone: (631) 321-7835
Long Island Tax & Accounting Service - West Babylon, NY - Phone: (631) 661-8410
Value Added Network Services Incorporated - West Babylon, NY - Phone: (516) 661-4254
Vinas & Company - West Babylon, NY - Phone: (631) 422-6700
Recording of financial transactions including sales, income, purchases and payments by an individual or an organization is usually known as 'Bookkeeping' in West Babylon. These recordings are done very systematically. The two most common bookkeeping types are single entry bookkeeping system and the double entry bookkeeping system. The bookkeeping method, that uses only income and payment accounts is known as Single-entry bookkeeping. It is recorded primarily in a revenue and expense journal. The above mentioned is also sufficient for many small businesses. The other method, double-entry bookkeeping usually requires recording of each transaction twice, using debits and credits. Bookkeeping is not only a career now, but also a subject considered in schools in West Babylon.