audit, general ledger and tax services

3 Components of Sales Tax to Not Forget

TaxConnex

NOVEMBER 9, 2021

Bear in mind, though, that as your business grows, you may need different sales tax processes. Be sure you have a process to gather the applicable data each month and reconcile all new data to your general ledger before you start the filing process. Once a sales tax return is prepared, it must get filed and paid.

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Navigating the World of Bookkeeping for Marketing Agencies

Steve Feinberg

MAY 9, 2023

This means that every transaction is recorded as either an expense or credit, and takes less fluid assets and liabilities into account, such as equity, loans, tax burden, etc. With double-entry bookkeeping, it’s easier to detect errors and identify areas for improvement in the general ledger.

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Accountant Advocate

3 Components of Sales Tax to Not Forget

Navigating the World of Bookkeeping for Marketing Agencies

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