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5 Reasons Why Cloud Accounting is Leading the Way

The accounting industry has changed quite a bit over the past decade. Thanks to cloud-based technology, accounting software is now more accessible and affordable for businesses of all sizes....
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24 Basic Accounting Principles Business Owners Must Have

Basic accounting principles underly Generally Accepted Accounting Standards (GAAP), which are princi...
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Inventory Accounting is Not as Difficult as You Think

If you think inventory accounting is too hard, it’s time to rethink, refresh, retool, and restart. W...
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Working Capital and Liquidity

Every business owner faces challenges daily, but few are as pressing or as stressful as maintaining ...
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Five Companies Leading the Way in Accounting Software

Accounting is one of the biggest challenges facing any small business owner. Keeping track of all th...
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Expanded Accounting Equation Principle Explained

The basic accounting equation formula is: total Assets =  Liabilities + Equity. It is used in Double...
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What Is the Accounting Balance Sheet?

A balance sheet, or an accounting balance sheet, is one of the key types of financial statements use...
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Bookkeeping 101 - A beginners guide to Bookkeeping

This article describes the bookkeeping process, whether it is performed by bookkeepers, accountants,...
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How To Get More Results out of Your Accounting Inventory

Smart accounting isn’t just about keeping the books and tracking the funds that are coming in or goi...
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Accounting for Inventory: What No One is Talking About

When you account for inventory, flexibility is the key. No one is talking about it. 
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What Are the Five Types of Financial Statements And How to Understand Them

Financial statements are the documents compiled by United States business entities to outline each e...
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What Is Chart of Accounts And How Does It Work?

The chart of accounts is a numbered list of all accounts used to record and summarize business trans...
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How Much Should You Be Spending On Accounting Software?

There are accounting services available for every budget, from free to thousands of dollars a month....
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11 Ways to Revamp Your Accounting System

The design determines whether your software works with you or stands in your way. Poorly designed so...
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