When you start a small business, you need an easy and reliable way to track income and expenses. One way you can manage your books is by using accounting software. But, what’s the cost of accounting software? Find out the factors that can impact pricing and what additional costs to look out for while shopping […]
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Accounting Systems - Tips, Training, and News
Let’s Get Down to Brass Tacks. How Does Accounting Software Work?
The fact is, business owners should know a little about accounting. And yes, hiring an accounting professional is a tremendous help. But, what about the day-to-day cash flow of your business? What about invoicing, bill payments, data entry, and other accounting tasks? That’s where accounting software can help. So, how does accounting software work?
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A Comparison of Accrual vs. Cash-basis Accounting
Business owners have a lot of decisions to make, especially in the beginning. One of the most important decisions is how to handle bookkeeping for your business. There are three methods of accounting to choose from: Cash-basis, modified cash-basis, and accrual accounting.
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Accounting Tools to Consider for Your Small Business
Owning a business comes with some heavy-duty responsibilities. From invoicing to updating your books, you have a lot of tasks to juggle. You need the right tools to help you keep your business moving along—without dropping what you’re juggling.
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Accounting Methods: How to Pick the Best Option for Your Business
Accounting can be a daunting task when starting out, especially if you’re not an accountant. And depending on your business, how you must handle accounting can change. So, what are the accounting methods, and how do you choose which method to use for your business’s bookkeeping?
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Cloud Accounting Software: Questions to Consider
As a small business owner, you need to record your financial transactions. But, accounting is not easy, and all signs point to accounting software. Why use accounting software? Cloud-based accounting software could be a low-cost, time-saving option for tracking your business’s finances.
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Eager to Learn How to Do Your Own Accounting? Start Here
If you run your own business, you need to have an accurate way to account for your company’s transactions and keep your books up-to-date. One option you have is doing accounting yourself.
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How to Set up Accounting Books for Small Business
In business, you must keep records of your transactions in your books. Your accounting books provide a place for you to review your business’s income and expenses and see where you stand financially. By keeping your books organized and up-to-date, you can take control of your finances and make smart business decisions. But before you […]
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What Is Accrual Accounting?
As a business owner, you have the important task of choosing an accounting method to record transactions. One method you can use is accrual accounting. And depending on your business, you may have to use the accrual accounting method to record incoming and outgoing money. So, what is accrual accounting?
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Looking to Change Your Accounting Method? Cue Form 3115
As a business owner, you’re responsible for keeping your business’s books in shipshape. To do that, you need to choose an accounting method and stick with it. But as your small business grows, you might need to rethink your accounting method. If you’re looking to shake up your accounting method as your business expands, learn […]
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