Patriot Software
SEPTEMBER 20, 2022
When you sell goods to customers, you likely collect and remit sales tax to the government. And when you purchase products, you typically pay sales tax. But, how do you record these tax collections and payments in your accounting books? Sales tax accounting.
Snyder
JUNE 27, 2022
However big or small your business is, you’re familiar with the notions of accounts receivable and accounts payable as integral parts of accounting. But if you’re a business owner trying to make sense of your finances, it’s good to master the basics. What is accounts receivable (AR)? Let’s dive in! Contents: 1.
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Snyder
JANUARY 3, 2023
You essentially become a jack of all trades – from sales, through customer care all the way to marketing. But the most important aspect of any business is accounting. So let’s take a look at how to do basic business accounting, understand what your books tell you, and how to manage them efficiently with helpful software.
Snyder
JUNE 20, 2022
However, delegating doesn’t mean staying out of the loop completely, especially when it comes to business finances, primarily accounting. Accounting is the language of numbers. What is small business accounting? Basic steps in accounting for small businesses. Open a business bank account. Contents: 1.
LyfeAccounting
OCTOBER 28, 2020
?. As Warren Buffet says, accounting is the language of business. He and other savvy business owners use accounting to make investment decisions and decisions to grow the businesses they invest in. But interestingly enough, many small businesses often neglect their accounting until tax time, or don’t do it all. Look, I get it.
Snyder
MARCH 30, 2023
If you run a business, you know that your sales transactions or payments must be recorded in your books, that’s obvious. Read on to learn more about accrual and cash-based accounting methods. Find out what the rules, benefits, and limitations of each of those methods are and how accounting methods apply in the real world of business.
Snyder
MARCH 23, 2023
As a small business owner, making sense of the accounting basics and bookkeeping terminology might be giving you a little bit of a headache. At the same time, being able to successfully maneuver the world of accounting is crucial to the success of your business. What is accrual-basis accounting? Contents: 1.
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