Remove accrual accounting Remove bookkeeping Remove online accounting Remove tax planning
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The Difference: Cash Basis Accounting vs. Accrual Accounting

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As a business owner, accounting methods may not rank that high on your list of passions, but understanding cash basis accounting vs. accrual accounting can be vital to your company’s health. . Cash basis and accrual accounting represent the two major methods of accounting used by financial professionals.

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3 Tips for Catching Up Your Books

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Bookkeeper ” should never be one of them. Some owners handle their own accounting, thinking they can do it all. Here are some of the reasons why you need current books: Tax Planning. Overdue books will cripple your business once tax season rolls around. Finally, you may want to have a bookkeeper help you.

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What Type of Accountant Does Your eCommerce Business Need?

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Chances are that your accounting and bookkeeping needs are low on your list of priorities, but that can come back to bite you. Managing your own books may seem like a cost-saving strategy, but many online merchants lack the time or expertise to stay up-to-date and in compliance. Accrual Method. Maintain a Budget.

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