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FIFO vs. LIFO method: Definitions, Differences, Examples, Advantages and Disadvantages

FIFO and LIFO are two accounting methods for valuing inventory. FIFO is considered to be superior, but LIFO also has its merits. This post discusses both methods and provides an example that...
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Best Inventory Management Software 2020

Keeping an accurate inventory is essential for almost any business. Whether you are in retail, whole...
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The Best (Free) Accounting Software For CPAs, Accountants And Bookkeepers

Are you on the hunt for the best accounting software for CPAs, accountants and bookkeepers? Preferab...
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5 Myths of Cloud-Based Accounting Software: Debunked

The cloud allows you to access to your data in real-time and from anywhere with an internet connecti...
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The Advantages of Using an Accounting Software

Still using a shoebox and notebook approach to accounting? Accounting software provides a way for yo...
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How To Choose the Best Church Accounting Software?

Churches are places to gather and come together to achieve a purpose and help their surrounding comm...
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Save Time And Money With Inventory Management Accounting Software

Want to save some time and money for your business? Throw out your inventory management software and...
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Accounting For Every Dollar

Are you looking for ways to improve your bottom line, but not sure where to begin? An easy place to ...
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5 Steps to Building Highly Profitable Accounting Services

You’re providing value to your customers with client accounting services - so why aren’t you making ...
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How to Keep Accounting Data Secure When Working From Home

What do you get when you cross work-from-home orders and highly confidential accounting data? An opp...
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The Battle of Accounting Software: ZarMoney vs. QuickBooks

Quickbook has been a staple among small business bookkeeping software for quite some time. But a new...
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What Makes Cloud Accounting Software So Great?

Understanding where a file goes when you save it to your PC is a fairly simple concept. It lives on ...
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How Much Inventory Do I Need For My Small Business?

Business owners and financial managers need to control inventory levels. Establishing the right inve...
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