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How to Find Accounting Errors in Your Books: 5 Tips to Follow

Patriot Software

Accounting errors are inevitable, especially if you’re rushing to add information into your small business accounting books. To detect accounting errors sooner rather than later, learn how to find accounting errors.

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What Is Inventory?

Patriot Software

Unless you own a service-based business, you likely have inventory. Knowing how much inventory you have is crucial for managing accurate small business accounting books, ordering new stock, and making pricing decisions. Inventory meaning Inventory represents the goods your small business has for sale or in storage.

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Get the Lowdown on Different Types of Equity for Your Small Business

Patriot Software

There are many different accounts you can use to record equity in your business accounting books. Different types of equity Before jumping into different forms of equity, let’s quickly review what business equity is. […] READ MORE.

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Fair Market Value for Small Businesses

Patriot Software

You must know the fair market value of your assets to maintain accurate small business accounting books, obtain outside […] READ MORE. And when you sell those assets or buy new ones, you should know their fair market value.

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Basic Accounting for a Small Business: Bookkeeping and Accounting Basics

Snyder

All small business owners need to be familiar with basic accounting and bookkeeping, as it gives them a clear picture of the state of their finances, allows them to make informed business decisions, and lets them react to any adverse changes faster. Small business accounting basics. Income statement.

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E-commerce Business Plan: How to Create an Actionable Business Plan for Your E-commerce Business

Snyder

If you subtract your liabilities from your assets, you’ll get your business’ shareholder equity. With Synder, you can synchronize transactions to your accounting books with just one click and get 100% precise reconciliation. Synder Sync is one of the e-commerce solutions made just for your business. Cash-flow statement.

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Finance and Accounting Outsourcing: Benefits for SMBs

Snyder

You’ve been looking for a staff accountant for too long and haven’t been able to find one because of the related costs. Check out how much accounting should cost a small business. Accounting has become a general pain point in your workflow and you’re looking for accounting services with expert assistance.