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The Best Small Business Bookkeeping Solutions

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Today’s accounting firms can handle a wide variety of SMB bookkeeping tasks, including: Invoices . Corporate tax preparation . By outsourcing your needs to an online accounting firm, you gain the benefit of industry-leading expertise, all without breaking your budget. Business Tax Preparation and Filings.

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

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Now, of the two, new businesses are better off using accrual accounting. With accrual accounting, the transactions are recorded early on in the process. With this, the business can better track accounts receivable and accounts payable. Set up an online accounting system.