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Promoting Workplace Wellness

In today’s fast-paced work environment, promoting employee wellness is not just a nice-to-have – it’s essential for fostering a positive workplace culture and driving business success. At Luxa Enterprises, we understand the importance of investing in wellness programs and initiatives to support the well-being of your employees and the overall success…
Workplace Wellness
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Spring Cleaning your Business

As the seasons change, it’s time for business owners to embrace a different kind of renewal – spring cleaning for your business. Just like decluttering your home, tidying up your business’s finances and HR duties can lead to improved efficiency, productivity, and overall success. In this blog post, we’ll explore essential…
Spring Cleaning your Business
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Budgeting 101: Creating a Personal or Business Budget

Welcome back to our series, “Accounting for the Non-Accountant,” where we break down essential financial concepts for beginners. Today, we’re exploring the world of budgeting – a practical next step for managing finances once you’ve grasped the basics of accounting.   REQUEST ONLINE PRESENTATION We’ll demonstrate how you can save money…
Budgeting
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Cash vs. Accrual Accounting: Which Is Right for You?

Understanding different accounting methods is crucial for effectively managing finances and making informed business decisions. In this blog post, we’ll explore the differences between cash and accrual accounting, providing context for understanding financial reporting and helping you determine which method is right for you or your business.   REQUEST ONLINE PRESENTATION…
Cash vs. Accrual Accounting
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Understanding Debits and Credits in Accounting

Welcome back to our series, “Accounting for the Non-Accountant,” where we simplify essential accounting concepts for beginners. Today, we’re diving into the core principles of debits and credits – the backbone of accounting. Let’s break it down.   REQUEST ONLINE PRESENTATION We’ll demonstrate how you can save money while improving your…
Debits and Credits
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The Role of Technology in Modern Accounting: Trends for 2024

In the fast-evolving landscape of accounting, technology continues to play an increasingly pivotal role. As we step into 2024, it’s evident that the integration of advanced tech solutions is not just a trend but a necessity for accounting professionals aiming to stay competitive and efficient in their practices. In this blog…
Accounting Trends
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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…
Outsource Accounting in Tulsa
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What does your month end close process consist of?

Why monthly bank reconciliation is imperative In today’s business environment, knowing how much cash your business has readily available is critical to the success of your organization.  This starts with the bank reconciliation, which enables effective cash flow management. Bank reconciliations compare a company’s records to their bank records, which authenticates…
HR Services in Tulsa
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3 Important Categories Needed In A Business Budget You Need To Know

Every business large or small depends on a number of business budgets, from the large scale master budget used to control final profitability, to smaller targeted budgets intended to increase the financial performance of a specific section or project within the company. Use of exact budgeting to control expenses is key…
Tulsa Accounting Services
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How To Use QuickBooks And Xero For Your Month End Close Process

Every business owner knows that managing their books is important. One of those tasks to keep their books in order is reconciling your accounts at month end. This is extremely important if you ever get audited by the IRS.  Do you still do it manually? If you are thinking of implementing a new accounting…
HR Services in Tulsa
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