Bookkeeping

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3 1 Describe Principles, Assumptions, and Concepts...

Small businesses and individuals tend to use cash basis accounting. The consistency principle is a bit abstract but is still impor...

Credit Memorandum Definition, How to Settle...

Another mistake several businesses have done is creating wrong credit memos. Businesses can decide when to give or accept a credit...

What is a Contra Asset Account? Definition, Types,...

However, they will still appear on the notes to the financial statements with necessary disclosures. Contra Equity Account – A c...

7 Best Online Bookkeeping Services for Small Busin...

This is the “ecosystem” that I use to run my virtual bookkeeping service. With these five apps alone I can manage every aspect...

How can investors avoid falling into the Cash Trap...

There’s some logic to that, says BCG, given that many companies are carrying cash and excess debt capacity equal to 20 to 30 per...

Federal Certified Payroll, Prevailing Wages, and W...

It should take less than an hour to gather and compile the information for eight employees on a single report. But you could spend...

Wave: Small Business Software Wave Financial...

Say #sorrynotsorry to your spreadsheets and shoeboxes. Give your customers the option of paying with one click using a credit card...

5 Best E-Commerce Accounting Software of 2024...

The best way to simplify the bookkeeping of your eBay business is by using the right accounting software. Financial management can...

Finance and Accounting Business Process Outsourcin...

Bookkeeper.com is an all-around solid pick for small to midsize businesses that might want additional payroll and tax help down th...