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4 Accounting Transactions that Use Journal Entries and How to Enter them in QBO

Ronika Khanna CPA,CA

Accounting software has come a long way in the past few years. Although a good bookkeeper can be invaluable, It has become fairly easy for business owners and their support staff to take on the responsibility of entering day to day transactions while they employ accountants for the more complex aspects of their accounting and tax.

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Finding Your Financial Compass: Why Small Businesses in Los Angeles Thrive with Specialized Tax and Accounting Support

MyIRSRelief

Bookkeeping and Payroll Management: Outsourced bookkeeping ensures accurate financial records, allowing you to focus on core business activities. Financial Reporting and Analysis : Comprehensive financial statements and insightful analysis provide a clear picture of your financial health, enabling informed decision-making.

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The tortured journey of data: How tax technology speeds up tax compliance, provision, and reporting

ThomsonReuters

One of the biggest challenges facing the the tax profession today is the increasing amount of data that must be processed to prepare financial statements. In addition, as businesses become more globalized, accountants must be able to account for transactions in multiple currencies,” wrote Benjamin Wann, owner of Asheville, N.C.

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10 Tips for Setting up Your QBO File for the first time

Ronika Khanna CPA,CA

The idea of using an accounting software can be a bit intimidating for some new business owners. While a spreadsheet makes sense when you have a simple business with very few transactions per year, accounting software has significantly more functionality.