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Bookkeeping Fundamentals for Small Business Owners

DuctTapeMarketing

Handle payments and manage accounts payable. Xendoo is an online accounting and bookkeeping service dedicated to small business owners. This task helps you avoid running out of money suddenly — leaving you unable to pay employees, vendors, or Uncle Sam. Taking a look at shipping costs can also help save a business money.

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The Best Small Business Bookkeeping Solutions

xendoo

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. Accounts Payable and Receivable.

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What Type of Accountant Does Your eCommerce Business Need?

xendoo

If you give a customer store credit, the original transaction should be listed as an expense and added to your accounts payable list. . Your business taxes will be paid on your annual tax return , though businesses that anticipate paying over $1,000 in taxes are encouraged to make quarterly estimated payments. .

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How to Value a CPA Firm [Plus 13 Key Valuation Factors]

Ryan Lazanis

I’ll also draw on my personal experience from selling my online accounting firm just a few years ago. Table of Contents How Do You Value an Accounting Practice? The valuator will estimate the value of the assets, such as property and equipment, and liabilities, such as loans or accounts payable.