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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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101-A Beginner's Guide to Bookkeeping
This article describes the bookkeeping process, whether it is performed by bookkeepers, accountants,...
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What Are The Software Needs Of Accounting Firms?
Businesses of all sizes depend on accounting firms to help them manage their financial needs. To pro...
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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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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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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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5 Things Good Accountants Focus on in 2021
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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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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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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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11 Ways to Spend Leftover Accounting Inventory Budget
It’s the time of year for daydreaming about creatively using leftovers. What if we apply some of tha...
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5 Common Accounting Mistakes To Avoid With Your Inventory Management System
Managing inventory is essential in business. In retail, excellent inventory management determines a ...
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