Accounting Errors and Error Corrections Reading Time 6 mins Types of Errors in Accounting An error in accounting is a non-fraudulent error in double-entry bookkeeping transactions. In most cases, errors occur because the bookkeeper either lacks accounting expertise or is careless.
Errors can occur in the account ledgers that do not throw the trial balance out of balance. These errors can be hard to find and requir the correct accounts but the debit and credit categories were Accoated to your company with many years of experience. The Bookstime professionals use modern accounting applications (like Quickbooks) to control the accuracy of accounting records. The BooksTime bookkeeping service comes with a 100% accuracy guarantee!
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