Patriot Software

OCTOBER 28, 2022

When you run a small business, one error in your accounting books can result in inaccurate financial statements, poor cash flow management, and even an IRS audit. To make sure your records are accurate, familiarize yourself with account reconciliation. What is account reconciliation?

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ThomsonReuters

JUNE 16, 2023

Now, we are not officially in a downward economy, but I think there’s a lot of concerns about where the economy is going to go in the next few months, and so on, so that certainly increases the risk in terms of accounting fraud per se,” said Anne-Lise Dorry, Senior Director, Editorial for Thomson Reuters.

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xendoo

JUNE 11, 2022

If you’re managing a business—and your books—you’ve probably had to learn what is accounts payable vs. accounts receivable. . Accounts payable and accounts receivable are two different sides of the same coin. What Is Accounts Payable? What Is Accounts Receivable?

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accounts payable Account accountant accounted 71

Ryan Lazanis

APRIL 4, 2022

In this article, you’ll learn: What accounts payable automation is. What is Accounts Payable Workflow Automation. Accounts payable automation is (obviously) the opposite of accounts receivable (A/R) automation, a topic covered in detail here. Quick Audits. The best tools to automate A/P.

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Snyder

NOVEMBER 22, 2022

Why is accounting important? What are basic accounting principles? What is accounting software? Let’s find out what’s really under the hood. . Basic accounting and its secrets. The Fantastic Four of accounting. Is it worth the cost or does it fall short? Contents: 1. Full disclosure principle.

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accounting principles basic accounting Account accountant 52

ThomsonReuters

APRIL 6, 2023

A streamlined accounts payable process enables visibility into a company’s financial wellbeing and can unlock insights that help businesses grow. So, let’s start with the basics. What is accounts payable? The term accounts payable refers to all business expenses except payroll.

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Snyder

AUGUST 12, 2022

Bookkeeping vs. accounting: what is the difference between bookkeeping and accounting? What a small business owner should know: what is bookkeeping? What is the role of the bookkeeper? What a small business owner should know: what is accounting? What is the role of an accountant?

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