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If you’re a small business owner today, knowing what type of accounting method to use might have been the last item on your check-list before you opened doors to your business. However, what we are about to cover is the reason you want to take a good look at your books…
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5 Critical Issues with Keeping Your Books on Spreadsheets

Accurate financial records are a key component in running a successful business. It is imperative for business owners and managers to ensure that transactions are properly recorded, and that data can be retrieved for audit and analysis at a moment’s notice. (more…)
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How To Get Better Insight Into Your Company’s Cash Flow

There are many components that go into running a successful small business. It comes as no surprise that financial health can either make or break a business. A lot more determines the financial health of your business than just whether or not you’re making more money than you are spending. Cash…
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How Do You Know Your Invoices Are Getting Paid the Right Way?

Keeping track of your business’s financial data is a critical element of the accounting strategy. Tracking the financial data provides you with insights on your revenue stream as well as future cash flow. An organization that doesn’t track its financial data is at risk of lagging on payment deadlines. This could…
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4 Reasons to Take Your Bookkeeping Virtual

Traditional accounting requires three things:  an accounting system, a bookkeeper and an accounting firm.  All of these cost business owners money and time.  First, you have to find the right accounting system, whether it is electronic or paper-based.  Then, you have to learn the system or hire a bookkeeper to learn…
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What Is Right For Your Business: Employee, VA, or  Accounting Software

Many businesses rank accounting as the number one most important service to their success. Accountants rank above IT managers, bankers, lawyers, and other staff, by a margin. Why? (more…)
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How Bookkeeping in Quickbooks Can Help Your Small Business

Accurate bookkeeping is critical to the success of every small business.  Simple bookkeeping mistakes are, unfortunately, more common than many business owners realize—and they can be costly.  The frequent bookkeeping problems which are the result of simple human error leave small business owners frustrated, confused and looking for answers.  As All…
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The Top 5 Differences Between Bookkeeping and Accounting

Bookkeeping and accounting are two critical aspects of business operations in any industry. Bookkeepers and accountants help business owners and executives to keep track of expenses, make informed business decisions, and potentially avoid serious issues such as fraud and embezzlement. (more…)
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Bookkeeping vs Accounting? Here are Five Key Differences

If you are starting a business, you will be looking into accounting and bookkeeping help, but to outsiders, the two often look like the same thing. Both professions involve recording and handling money, and both provide vital services for a business. Understanding the difference between bookkeeping vs accounting can help you…
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10 Ways To Improve Your Cash Flow Position

Running a business means you are in charge of every aspect of the business. Your responsibility to your business financial health is what keeps you afloat to service your clients needs. In order to achieve a healthy financial perspective, it is important to know where your cash lies within your business.…
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