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Business Bank Account Basics for Skagit County Business Owners

SkagitCountyTaxServices

For my missive today, I thought I might reorient your focus around the most important components of your business’s financial fortress – your banking partner and your business bank account. Unlike a personal account, a business bank account separates – and protects – your work assets and liabilities from the rest of your finances.

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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 Owners [By a CPA]

LyfeAccounting

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. By the end of this post, you will know the what, why, and how of accounting. What is Accounting? Like really, what does accounting mean? Quick Recap.

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Best Accounting Blogs: Finding a Great Blog for Accountants

Snyder

No one can be an expert in all those areas, that’s why finding a helpful blog for accountants is such a great idea. We’ve compiled some great examples of accounting blogs to help you stay up to date on breaking news, the latest accounting software, cloud accounting, taxes, finance trends and so much more.

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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. What is bookkeeping?

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What Are The Accounting Methods? Guide To Cash And Accrual Methods

Snyder

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. Financial accounting basics: types and rules of accounting methods Cash basis method = things ‘count’ when the money moves Accrual basis method = things ‘count’ when they start moving 2.

Account 52
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Accounting Basics for Small Business: A Simple Guide

Snyder

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. Each option has its pros and cons, but no matter which option you choose, it’s important to understand how accounting is handled.