Let’s imagine you are running a lemonade stand. Your business is new, your transactions are low, and all you need to account for is revenue and expenses to determine your profit. For the time being, …
Bookkeeping vs. Accounting: What’s the Best Option For Your Small Business?
How does your business currently maintain financial records? Do you use online bookkeeping software to keep track of your finances and cashflow, and try to keep track of everything yourself, or do you …
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How Inflation Affects Small Businesses (And What You Can Do About It)
If you're watching the latest news, you've heard about supply chain shortages, workforce challenges, and rising inflation rates. Inflation is a normal part of the economy. But when inflation gets …
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Can QuickBooks Replace an Accountant?
Whether you are a small business owner needing small business accounting or the CEO of a mid-sized company, you understand the importance of maintaining organized financial records, such as balance …
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Can You Answer These 7 Questions About Your Business Finances?
Understanding the financial trajectory of your business is one of the most important aspects of being a successful business owner. As we’ve recently seen during the period of COVID-19, many …
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How a QuickBooks Consultant Can Help You
You know about QuickBooks accounting software. But what is a QuickBooks consultant? And how can a QuickBooks consultant help you? A QuickBooks consultant often referred to as a QuickBooks …
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Accounting for Clubs and Associations
Bookkeeping and accounting for clubs and associations is different from accounting for big companies yet the need remains. Clubs and associations don't have the immediate in-house resources so it's …
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Top Challenges E-Commerce Businesses Have With QuickBooks
E-commerce continues to win over customers at the expense of brick-and-mortar businesses. Last year, Americans spent more than $600 billion on online shopping, representing a 15% year-over-year …
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Managing Cash Flow During Uncertain Economic Times
The coronavirus pandemic has abruptly sent the American economy -- along with nearly every other country’s economy -- into a tailspin. After years of steady growth, businesses of all sizes are now …
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