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There is no denying that for business owners — particularly small business owners — being responsible for all aspects of their business is essential — including their accounting. In fact, from processing employee paychecks to keeping track of all documentation associated with… Read More
Archive for the ‘Finances’ Category
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Why QuickBooks is the Best Accounting Software for Small Business
As a small business owner, you probably already know the great importance of keeping track of all your accounting. In fact, from payroll to preparing for tax season effectively and efficiently, being a business owner requires a lot more responsibilities… Read More
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Why Is Bookkeeping Important?
Bookkeeping, the act of keeping financial records pertaining to your business, is a critical component of a successful business. Having organized and well-kept financial records will give your business an edge in many different ways. Whether you do it yourself… Read More
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Tips for Getting Clients to Pay On Time
In the business world, it can be an uncomfortable situation if you ever need to confront a client about their late payments. Naturally, you want to make sure you get immediate payment while still being respectful and without damaging your… Read More
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What’s the Difference Between a Bookkeeper and an Accountant?
You might be surprised to learn that a bookkeeper and an accountant are not the same. An accountant is a bookkeeper, but a bookkeeper is not an accountant. What does that mean? It means that an accountant can do a… Read More
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5 Benefits of Outsourcing Your Accounting
Doing your own business accounting can be overwhelming and time-consuming, so you might be considering the option of dictating the task to someone else. There are two choices available: hire an accountant as an employee, or outsource your finances to… Read More
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Yearly Accounting Tasks for Small Business Owners
There are a lot of accounting tasks to think about when you’re a small business owner, and the yearly accounting tasks are some of the most important. Annual reports come in to give you an overhead view of your business… Read More
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Monthly Accounting Tasks for Small Business Owners
We’ve discussed daily and weekly accounting tasks for small business owners before, and now it’s time to talk about monthly accounting tasks that small business owners need to stay on top of. Regularly managing your bookkeeping and accounting will help… Read More
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Weekly Accounting Tasks for Small Business Owners
Last week’s post laid out a few accounting tasks businesses should manage daily. This week’s post will go over several weekly accounting tasks small businesses should stay on top of. Maintaining a schedule with your business accounting will keep your… Read More
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Daily Accounting Tasks for Small Business Owners
For many small business owners, it might be tempting to push off accounting work for later. However, there are tasks that should be done daily, weekly, and monthly. Getting good accounting software and developing a routine will make these tasks… Read More