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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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What Is Cost of Goods Sold (COGS), Formula, Example and How to Calculate
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6 Most Important Small Business Accounting Tips
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Business Accounting Explained
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A Business Owner's Guide to Accounting Methods
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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 technolo...
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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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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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How Changes Of Minimum Wage Laws Affect Your Business?
The 2021 laws regarding increases to the minimum wage may raise the hourly pay rate from the current...
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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 Tips & Tricks to Get Your Invoices Paid Faster
Sending out an invoice for completed work or shipped products feel great. Receiving payment for that...
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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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