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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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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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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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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 Great Reasons To Switch To Cloud Based Accounting

From tech experts to small business insiders, everyone is talking about how 2021 is the year that bu...
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5 Ways Modern Accounting Software Makes Your Old Bookkeeping Abandoned

Relationship experts say that you never truly get over a lost love until you meet someone new. That’...
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