Your Guide to the Accounting Cycle
The accounting cycle is an important part of the normal operations of a business. A typical accounting cycle is broken up into different...
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- Apr 13
- 2 min
Your Guide to a Suspense Account
Accounting is all about numbers. However, when you’re doing accounting, it’s normal to make a mistake or two! If you’re a business owner,...
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- Mar 9
- 2 min
Your Guide to Business Journal Entries
If you’re a small business owner, you’ve probably had to sit down and look at your finances. However, there’s also a pretty good chance...
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- Feb 10
- 2 min
Top Bookkeeping Tips For Small Businesses
Running a small business can be hard. You don’t have the resources or the cash required to waste time and money figuring out processes,...
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- Jan 9
- 2 min
Your Guide to Liability Accounts
There are lots of different types of liability accounts to keep in mind. Pretty much every business deals with liabilities. Liability is...
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- Dec 13, 2022
- 2 min
How to Cut Down Your Fixed and Variable Costs
The rising cost of living has affected businesses all across the world. However, even in the middle of this trying period, there are...
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- Nov 15, 2022
- 2 min
Cash Basis Accounting vs. Accrual Accounting
There are two ways to record accounting transactions in the world of accounting: cash basis and accrual basis. The accrual basis is based...
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- Oct 21, 2022
- 4 min
Is it money or the capacity to execute that is preventing your firm from growing?
And they will cite a wide range of justifications for why they are not succeeding in their growth objectives. The most frequent...
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- Sep 13, 2022
- 4 min
Best Accounts Receivable Management Practices
If you run out of money, your business is most likely to fail. Because of this, effective cash flow management is crucial to the...
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- Aug 22, 2022
- 2 min
What is Cash Outflow?
Cash outflow is a term that is used when cash is paid out from a business. The payments a company need to make can include payment of...
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- Jul 21, 2022
- 2 min
Chart of Accounts Guidance
A chart of accounts is integral when running a business, but many companies do not have their finances organized proactively. Although...
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- Jun 17, 2022
- 2 min
5 Bookkeeping Mistakes That Can Cost a Business Money
Regardless of the goals of a business, there will be one that many share, and that is sustaining a profit. Although every company has the...
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- May 17, 2022
- 3 min
Better Understand the Value of Your Business with a Bookkeeper
Running a business can be challenging, but many have found it an enriching experience. However, a company can only move forward if...
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- Apr 12, 2022
- 2 min
How Outsourcing Helps Improve Business Structure
Many business owners assume that investing several hours into a business is the only route to success. Although several aspects of the...
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- Mar 22, 2022
- 2 min
Can Outsourcing Your Bookkeeping Increase Profits?
For some, bookkeeping services can be considered a cost that reduces profitability, but the opposite is true in most instances. Many...
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- Feb 17, 2022
- 2 min
How the Pandemic Has Affected the Accounting industry
The pandemic caused a lot of change in several industries, and the accountancy sector was no exception. However, industry challenges...
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- Jul 8, 2021
- 2 min
The Benefits of Bookkeeping
When you first start a business, some may find that the bookkeeping is straightforward. However, as the business grows, the role of...
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- Jun 3, 2021
- 3 min
Small Business Cash Flow
Cash flow can be a problem at the best of times, but even more so for small businesses. Now that the pandemic has affected everyone so...
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- May 3, 2021
- 2 min
Bookkeeping, Outsourcing or In-house
Small business owners often struggle with the bookkeeping process. They have the same needs, albeit on a smaller scale, to large...
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- Apr 5, 2021
- 2 min
A Look at Single Touch Payroll
Single Touch Payroll (STP) has become compulsory in some countries, (namely Australia), for reporting payroll information for tax...
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