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Getting Paid 101: Accounts Payable and Accounts Receivable

xendoo

If you’re managing a business—and your books—you’ve probably had to learn what is accounts payable vs. accounts receivable. . Accounts payable and accounts receivable are two different sides of the same coin. Without a deep understanding of your accounts payable and receivable, you could face costly setbacks.

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Cash flow vs Trial Balance. Which one to trust?

Simple Accounts

The income is categorized as Cash inflow while the expenses are generally called outflows. Sales revenue . Trial balance is a report that shows the balances of each general ledger account in the company. The accounts shown on a trial balance include: . A trial balance is different from a general ledger.

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Why Your Accounting/ERP System Is the Key To Successful Business Tax Preparation 

Withum

Sales and Use Tax ; noting jurisdictions to which there are filing obligations and keeping up-to-date with tax rate changes to ensure correct calculations and timely, accurate filings. Quality of Tax Data ; general improvements to enhance the reliability of information and timeliness of closing out accounting periods.

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Accounting Technologies: The 2023 Annual Guide

Ryan Lazanis

Here is my complete guide to emerging accounting technologies for 2023. In this guide, you’ll learn about the top accounting technology in the profession along with some tips and tricks on how to leverage them. So if you’re looking to leverage software to automate your accounting work, you’ll love this guide.

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Accounting “Irregularities” Can Signal Fraud

FraudFiles

Today we’ll talk about one area where you may see some red flags: irregularities in the accounting records and procedures. An auto dealership had a controller who had not reconciled the bank accounts for nearly a year, despite management’s insistence that it be done. It’s not always easy to spot accounting irregularities.

Account 52
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147 Cloud Accounting Software Apps: The Big List

Ryan Lazanis

If you want to see the best cloud accounting software apps all in one place, then you’ll LOVE this ultimate list. In it, I’ll be sharing 147 of the best cloud accounting software apps on the market. Each item in the list will contain a brief description and will focus on how you can level up your accounting automation.

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Startup Accounting Guide: Everything You Need to Know in 2022

Accounting Seed

Target maximum revenue, growth, and profit with this in-depth startup accounting guide. Like many startup owners, you may have more passion for sales than for bookkeeping, but managing the money is essential to success. Let’s get you “in the green” with this quick, info-packed startup accounting guide. Cash Or Accrual?