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Accounting Basics for Small Business Owners [By a CPA]

LyfeAccounting

As a CPA that studies and practices accounting, I know that accounting isn’t the most exciting thing in the world. However, eventually, you will be faced with the reality of accounting. In this post, I’m going to simplify the accounting basics for small business owners. What is Accounting?

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Understanding Accounts Receivable (AR): Accounting Basics You Need to Know

Snyder

If you’re training to become a certified public accountant or you already work as a CPA, the accounts are part of your CPE training and you probably know everything there is to know about them. But if you’re a business owner trying to make sense of your finances, it’s good to master the basics.

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Accounting Basics for Small Business: A Simple Guide

Snyder

In general, business accounting is the process of organizing and analyzing a company’s financial information to plan and advise on taxes, file tax returns, make forecasts, and help with data-driven financial decision making. It’s necessary to distinguish between accounting and bookkeeping because people often confuse these two notions.

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Sync Stripe invoices with QuickBooks: How To Close Invoices in QBO With Payments From Stripe Automatically

Snyder

QuickBooks is an accounting system by Intuit, created for small- and medium-sized businesses, both off- and online. It’s one of the most popular accounting solutions in the US market. You can sign up by either choosing your Google or Intuit credentials or creating your Synder account.