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8 Best Invoicing Software for businesses

Generating invoices and dispatching them to customers for payments is a tedious and time-consuming process if done manually. Hence, businesses have started seeking solutions to automate labo...
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8 Best Invoicing Software for businesses

Generating invoices and dispatching them to customers for payments is a tedious and time-consuming p...
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General Ledger: A Complete and Simple Guide

In the olden days, before computers and software, accountants and bookkeepers recorded every financi...
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What’s the Difference Between an Accountant and a Bookkeeper?

People use accounting and bookkeeping interchangeably, and it’s easy to see why. They both handle fi...
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Section 179 Deduction: A Simple Guide

In the US, the Internal Revenue Service (IRS) offers businesses an array of tax deductions to ease t...
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Overhead Costs Explained + Examples

Business owners have plenty of expenses to keep track of, from the costs of raw materials to the sof...
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What is Accounting and Why is it Important?

Every small business needs to maintain accurate and up-to-date accounting records. Tracking your fin...
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A Beginner’s Guide to the Accounting Cycle

Accurate and reliable financial information is key to making the right decisions that drive your bus...
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5 Accounting Tasks You Can (and Should) Automate

he accounting and finance functional areas are notorious for being full of slow, manual tasks. Invoi...
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Creating The Perfect Invoice: What Every Small Business Owner Should Know

Entrepreneurs and company owners should familiarize themselves with the finer points of creating inv...
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7 Good Ways to Use Debt In Your Business

Many small business owners feel uneasy about taking on any debt. It makes sense — too much debt can ...
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Cash Basis Accounting vs. Accrual Basis Accounting

Cash basis accounting and accrual basis accounting are two methods used by businesses to record fina...
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Profits vs. Cash Flows: What’s the Difference and Why Does it Matter?

Understanding financial metrics and what they tell you is key to succeeding in business. Two of the ...
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W-2 and W-4: What You Need To Know

The W-2 is a tax form that employers must submit to the IRS at the end of every year for each of the...
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