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Accrual Accounting vs Cash Accounting: What Is the Difference Between Accrual and Cash Accounting?

Snyder

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’s the difference between accrual and cash method of accounting?

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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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Best Real Estate Accounting Tips for Agents and Brokers

xendoo

Accounting plays a major role in staying organized, managing taxes, and making smart decisions in any business. . Why accounting is important for real estate businesses. With a service like Xendoo, you can outsource your bookkeeping and tax work to focus on what you do best. Outsource accounting services.

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How to Set Up Accounting for a New Business: A Full Guide

xendoo

As you try to figure out which need to prioritize in your new venture, it is crucial that you first learn how to set up accounting for a new business. While it might seem mundane, good accounting is integral to the success of any business. We will take you through the essentials of setting up your accounting for a new business.

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Business Expenses and Tax Deductions: Indinero’s Ultimate Guide

inDinero Tax Tips

Dive in and find the solution to the exact problem you’re facing or keep reading to learn everything you need to know about tax-deductible business expenses. Small Business Tax Deductions Home Office Deductions Cash vs Accrual Accounting Nondeductible Expenses Form 941 Commingling Funds What Counts as a Business Expense for Tax Purposes?

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Basic Accounting for a Small Business: Bookkeeping and Accounting Basics

Snyder

But the most important aspect of any business is accounting. 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. What is accounting?

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What Type of Accountant Does Your eCommerce Business Need?

xendoo

Chances are that your accounting and bookkeeping needs are low on your list of priorities, but that can come back to bite you. Your eCommerce business requires the attention of an eCommerce accountant. . Today, we’ll show you how partnering with an accountant that specializes in eCommerce can help your business to thrive.

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