How to get extra value from your Bookkeeper

• Sunday, June 08, 2014
• Anne Plummer

Checking the Superannuation Payable account A little terminology first... A Balance Sheet (also known as Statement of Financial Position), comprises Assets (what you own), less Liabilities (what you owe) to give a Net Assets figure.  The Net Assets represent Owners Equity, or what's left over for the owners...