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Business Accounting Explained

Having a good understanding of business accounting is essential to run a successful company. Even with the best products and services and millions of dollars in sales, without knowledge and ...
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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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How to Succesfuly Prospect On Social Media? By This Simple 4-Step Formula

Tapping into social networks to generate and cultivate leads in a mutually beneficial way provides a...
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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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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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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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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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The 5 Most Common Ways To Adjust Accounting Entries

At the end of any accounting period, it’s crucial to make adjusting entries to your accounting journ...
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What are Debits and Credits in Accounting

Introduction Accountants use debits and credits to record each business transaction and generate fin...
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Innovation with Cloud-based Accounting Software

What is accounting? Believe it or not, the answer—and the perception of what accounting can be withi...
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