If you find yourself in this situation, white label bookkeeping may be the answer for you. White label bookkeeping is the process of one organization outsourcing its accounting needs to another independent accounting company. This independent firm will use its own software for all the work.

A chart of accounts, or COA, is a list of all your company's accounts, together in one place, that is a part of your business's general ledger. It provides you with a birds eye view of every area of your business that spends or makes money.

Bookkeeping is the process of recording your company's financial transactions into organized accounts on a daily basis. It can also refer to the different recording techniques businesses can use.