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The 8 Best Order Management Software for Growing Businesses

Businesses around the globe use order management solutions to ensure efficient inventory management and reduction of the cost involved in the process. Order management systems minimize manua...
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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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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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A Quick Guide to Contractor Tax Forms

Contractor taxes work slightly differently than employee taxes. One of the main differences is the f...
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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 ...
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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 — ...
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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...
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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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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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What is Payroll Tax and How is it Calculated?

Payroll tax is a percentage of an employee's salary paid to the government to fund social insurance ...
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The 7 Most Common Accounting Mistakes Entrepreneurs Make

Statistically, your business is more likely to fail than flourish. If you are in business or looking...
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What is a W-9 Form and Why You Need To Fill It Out

Form W 9 is an IRS form used by businesses to request independent contractors and freelance workers ...
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Business Accounting Explained

Having a good understanding of business accounting is essential to run a successful company. Even wi...
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The Best Accounting Software for Small Business Inventory Management

Is your business growing faster than you can manage? Then an inventory management software should be...
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