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Understanding accounts payable: FAQ

ThomsonReuters

Properly managing the accounts payables process ensures consistent and accurate financial information, while also supporting strong business relationships with vendors and suppliers. To understand the ins and outs of accounts payable, let’s take a look at some frequently asked questions. What is accounts payable?

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How to spot accounting fraud

ThomsonReuters

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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How Do You Record Ecommerce Sales in Accounting?

xendoo

No matter if you sell products online through Amazon, Shopify, BigCommerce, Walmart, or Etsy, you’ll need an accounting system to manage finances. What should you know about recording sales for ecommerce? What is accounting for ecommerce? Accounting provides the big picture of your financial health.

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Xendoo vs. QuickBooks: The Difference

xendoo

From choosing an accounting method to managing transactions to setting up payroll, bookkeeping can be an extremely confusing and time-consuming process! That’s why many business owners decide to get bookkeeping help, whether they use a form of online bookkeeping software or hire an accountant. . What Is Accounting Software?

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Accounting advisory: What you need to know

ThomsonReuters

But what does accounting advisory mean and how can your firm take advantage of this unique opportunity to showcase your knowledge and build deeper relationships with your clients? Let’s take a look at the basics. What is accounting advisory?

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Bookkeeping vs. Accounting: What’s the Difference Between Bookkeepers and Accountants?

Snyder

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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Everything you need to know about accounts payable

ThomsonReuters

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.