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Accounting Cost For Small Business: How Much An Accountant Costs Your Small Business

Snyder

What are the peculiarities of bookkeeping for small businesses? Double-entry bookkeeping, transaction recording, reconciliation, getting invoices paid and bills covered – the entire process is centered around making sure that your bank account is in balance with your books records.

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GAAP: What It Is and Why Your Investors Expect It

inDinero Accounting

On the accounting side, GAAP requires specific methods for recording transactions, such as double-entry bookkeeping, which involves debiting one account while crediting another in order to maintain accuracy in recording data. Not all organizations need to worry about GAAP.

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The Playbook for SaaS to Convert from Cash to Accrual

inDinero Accounting

double-entry) and expense is of value to your future success? Why recurring revenue needs double-entry bookkeeping. As SaaS revenue streams have become more flexible, double-entry bookkeeping has remained integral to running a subscription business model. You’ve got the playbook.

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Accounting Basics for Small Business: A Simple Guide

Snyder

Depending on your business structure, a separate business bank account can be either legally required or not obligatory. The double-entry method is more accurate and less error-prone, as it provides a detailed view of how the money moves throughout your business. Let’s break them down. Open a business bank account.