accounting books, general ledger and what is accounting

Account Reconciliation for Small Business Owners

Patriot Software

OCTOBER 28, 2022

When you run a small business, one error in your accounting books can result in inaccurate financial statements, poor cash flow management, and even an IRS audit. To make sure your records are accurate, familiarize yourself with account reconciliation. What is account reconciliation?

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Basic Accounting for a Small Business: Bookkeeping and Accounting Basics

Snyder

JANUARY 3, 2023

It’s mostly based on accurately recording all the financial transactions in your books, hence bookkeeping. You can think of it as the general financial administration of your business. What is accounting? Record transactions in accounting books. All business accounts are recorded in your accounting books.

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Account Reconciliation for Small Business Owners

Basic Accounting for a Small Business: Bookkeeping and Accounting Basics

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