Which Accounting Method is Right for Your Business? When you are looking at starting a business, it is important to identify which accounting type works best for you. There are two basic types: cash-basis accounting and accrual accounting. Understanding both accounting methods can help you choose which is right for your business. 1. A Look […]
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A Guide to Financial Statements Accounting plays an important part in the success of any business because it tracks money flow in a precise and accurate manner. Financial statements are the backbone of any accounting department. These important pieces of financial information serve a variety of purposes. Understanding the role of financial statements in bookkeeping
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5 Overlooked Bookkeeping Tips for Businesses From managing employees and expenses to growing sales, having your own business can be overwhelming. Bookkeeping is a vital part of keeping your business running smoothly, and we know how hard it can be to not only get started, but stay on top of it and keep organized. Whether
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4 Bookkeeping Tax Season Headaches and How to Avoid Them Most businesses dread bookkeeping tax season headaches, but it doesn’t always have to be so painful. In addition to driving your business forward, having a solid bookkeeping system can prevent tax time issues. Never underestimate its power; it’s the behind-the-curtain magic that keeps your company
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