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Accounts Receivable (AR) Automation: The Solution To The Collection Problem

Accounting Seed

Managing Accounts Receivable Manually If your accounting system is on a cash basis, AR isn’t an issue. If you use accrual accounting, you record transactions as soon as you earn the money. Manual Accounting Methods Accounts receivable automation isn’t mandatory.

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

xendoo

Set up an online accounting system. Once you’ve established the steps above, all that is left is to set up an online accounting system. The easiest way to do this is by using cloud accounting software such as QuickBooks. Still, doing your own accounting has its downsides.