Amanda Cameron, Author at Patriot Software

Patriot Software Amanda Cameron

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The Ultimate Year-end Closing Checklist for Accounting

Flollow our year-end closing checklist to wrap up your accounting books.

The end of the year is a busy time for entrepreneurs and employers. If you’re like most business owners, you’re probably juggling year-end accounting procedures in addition to heavier traffic and sales.

Instead of scrambling (or forgetting) to get your year-end accounting processes done, use a year-end closing checklist to organize the way you wrap up the year.

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Keep Your Business’s Books in Shipshape With a Month-end Closing Procedure and Checklist

Close your books at the end of each month to keep your business's finances on track.

As a small business owner, you may find yourself struggling to keep up with your business’s books. As soon as you know it, another month has passed and you’ve fallen behind recording transactions.

Sure, closing your books can be stressful and time-consuming. But if you have a monthly closing process and checklist in place, you’ll be finishing accounting tasks and reconciling accounts in no time.

So, how can you simplify your responsibility of closing your books monthly? Say goodbye to disorganized books and hello to a month-end closing procedure.

Read on to learn tips for creating your month-end close checklist and closing monthly accounts.

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Do You Need a Separate Bank Account for Business?

Do you ever think , "Do I need a separate bank account for my business?" Find out here.

Many small business owners use a chunk (or all) of their personal funds to start their dream venture.

According to one source, 77% percent of small businesses finance their startup with personal funds. That means nearly three out of four business owners potentially have business and personal funds crossing paths.

If you fall into the majority, it might be in your company’s best interest to have a separate bank account for business.

You might be wondering, Do I need a separate bank account for my business? Read on to get all the answers to your burning questions about separating funds.

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