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Every now and then, you will need to track your business’s incomes and expenses. Keeping detailed records throughout the year will make it all so much easier once tax time comes around. However, they are still several months until next… Read More
Posts Tagged ‘accounting’
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Accounting Processes: How to Manage Travel and Expenses
When it comes to business expenses and managing any travel expenses, maintaining a healthy account can be overwhelming. In fact, with growth comes the opportunity to travel. And with travel comes other business expenses. As a result, understanding the best… Read More
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Top 5 Accounting Issues for Small Businesses
Without a proper accounting process, your small business could fail very quickly. Unfortunately, in the massive world of small businesses, start-ups and other types of small businesses can severely suffer from not having a proper accounting system in place. Missed… Read More
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Small Business Accounting Tasks to Do Every Week
Strong bookkeeping and accounting are crucial for the success of a small business. Some small business owners may believe that because their business is more reliant on cash flow, they don’t need to learn the details of accounting for their… Read More
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5 Tips for Keeping Business Records Organized
Keeping records of your business is an essential part of running a healthy business. It not only helps you make smart business decisions but can help you in your eligibility for tax credits and loans. As many small businesses are… Read More
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5 Tips for Spotting Accounting Errors In Your Books
Accounting errors can happen to anyone, particularly during harried times like these. However, more significant problems and confusion can surface if these errors are not found and corrected as soon as possible. Some of the most common mistakes that may… Read More
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6 Reasons You Should File Your Taxes Early
Due to the Coronavirus pandemic, the federal tax deadline has been pushed back from April 15th, to July 15th. While it was already easy to procrastinate when filing your taxes, there are many benefits to filing your taxes ahead of… Read More
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Breaking Down the Order of Financial Statements
Last week we outlined the four primary types of financial statements. These statements include the cash flow statement, the balance sheet, income statement, and the statement of retained earnings. These statements are essential for assessing the current state of your… Read More
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The 4 Types of Financial Statements
Every business utilizes financial statements to get a snapshot of the financial health of their company. Without financial statements, you wouldn’t be able to monitor revenue, project future finances, or keep your business on track for strong earnings. These financial… Read More