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by | Aug 18, 2022 | News

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Why “Shoebox” Record Keeping Is Not a Sufficient Bookkeeping Method

Want to know why "Shoebox" record keeping Is not a sufficient bookkeeping method? When it comes to managing the finances of a business, the importance of proper bookkeeping cannot be overstated. A common but highly ineffective method some small business owners use is...

Cash vs. Accrual Accounting: Which Method is Right for Your Business?

Cash vs. Accrual Accounting: Which Method is Right for Your Business? When it comes to accounting methods, small business owners face a critical choice between cash and accrual accounting. Each method has its own advantages and scenarios where it might be more...

Year-End Financial Checkup: Tips for Closing Out the Year Strong

Year-End Financial Checkup: Tips for Closing Out the Year Strong As the year draws to a close, it's an ideal time for small business owners to conduct a year-end financial checkup. This process ensures that your business is not only in good health but also poised for...

Creating a Financial Roadmap: Setting SMART Goals for Your Business

As a small business owner, creating a financial roadmap is essential to your success. But where do you start? The answer lies in setting SMART goals for your business—goals that are Specific, Measurable, Achievable, Relevant, and Time-bound. These types of goals...

How Advanced Tracking Can Revolutionize Your Financial Reporting

As a small business owner, you probably know that keeping accurate financial records is essential. But did you know that advanced tracking can revolutionize your finances? Whether you’re in the trades, run a restaurant, manage multiple investment properties, or...

5 Steps to Streamline Your Small Business Bookkeeping

As a small business owner, keeping your financial records in order is crucial for success. Proper bookkeeping helps you track your income and expenses, stay compliant with tax regulations, and make informed decisions for your business. However, bookkeeping can be...

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