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Zarmoney Vs. Quickbooks
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...
A Quick Guide to Contractor Tax Forms
Contractor taxes work slightly differently than employee taxes. One of the main differences is the f...
Your Quick Guide to Business Structures
Once you get your business up and running, you’ll quickly discover a world of legal matters you have...
Business Valuations: A Quick Guide
As a small business owner, you’re in a unique position. Your most valuable asset isn’t likely to be ...
What is Fair Market Value and How Do You Calculate It?
A significant part of running a business is knowing the dollar amount your company owns in assets — ...
How to Calculate Retained Earnings + Examples
Your business might not be profitable in its formative years, leaving you with no option but to push...
Your Simple Guide to Debits and Credits + Examples
Most people know that debit cards let you spend out of a checking account, while credit cards let yo...
Advantages of Using an Accounting Software
Still using a shoebox and notebook approach to accounting? Accounting software provides a way for yo...
How to Calculate Straight Line Depreciation (Formula)
From buildings to machines, equipment and tools, every business will have one or more fixed assets l...
What is an EIN Number?
Employer Identification Number (EIN) is one of the crucial things you need to know and understand we...
How to Calculate Net Income (Formula and Examples)
Every running business needs to determine its annual net income to conclude on its profit or loss m...
What is IRS Form 1040?
As a business owner or employee in the United States, calculating, deducting, and paying tax is a ma...
Owner’s Equity: What it is and How to Calculate it
Owner’s equity is the value you arrive at when your business’ liabilities are deducted from your bus...
What is a Journal Entry in Accounting?
A journal entry is the first stage of the accounting process. Its purpose is to record a business tr...
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