After deciding to streamline your business processes with accounting software, you might be wondering, What now? You need to know how to use accounting software to get all the great benefits out of it. The first step in using accounting software is to choose which one you want. Though not all accounting software is the […]
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Accounting Systems - Tips, Training, and News
How to Change from Cash to Accrual Accounting
When you started your business, you might have chosen to use cash-basis accounting. Cash basis is the simplest way to record your books. It is good for new businesses with few transactions.
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7 Advantages of Accounting Software You Can’t Beat
As a busy business owner, you’re always looking for ways to save your time and money. And, you certainly don’t want to waste your precious time, energy, and hard-earned cash on accounting tasks. The solution? Accounting software.
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Changing Accounting Software? Here’s What You Need to Know Before Making the Switch
As a small business owner, you already have enough on your plate. There’s no reason to hold on to accounting software that doesn’t meet your needs. Changing accounting software can make your business’s day-to-day run smoother than ever.
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Crunching the Numbers: Setting up an Accounting System
Software is a popular type of accounting system you can use to streamline your bookkeeping process. Depending on the software you choose, you can save your time and money and focus on what matters—running your business. But first, you need to know about accounting software setup. Lucky for you, our guide makes setting up accounting […]
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What Is Bookkeeping? The Truth Is in the Numbers
Whenever you make a sale or purchase, the amount of money your business has will change. Keeping track of your business’s financial transactions is key to your business’s future. Luckily, those sales and purchases create documents such as invoices and receipts. Bookkeeping tracks your finances through the documentation that your business creates on a day-to-day […]
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How to Choose the Right Accounting Software for Your Business
Maybe you’re thinking about buying accounting software for the first time. Or, you’re finally ready to switch software providers. At some point, you may wonder how to choose accounting software. There are so many options out there that even knowing where to get started selecting the right accounting software can feel impossible. This article will […]
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For Simple Bookkeeping, Consider Going With the Cash Method
Forty percent of small business owners agree that bookkeeping (the process of recording transactions) and taxes are the worst part of the job. Although it might be taxing (no pun intended!), bookkeeping is a key part of business. But, that doesn’t mean you have to make things unnecessarily difficult. For simple bookkeeping, you may consider […]
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Should I Use Cash or Accrual Accounting? Your Answer Awaits…
When it comes to running a business, you take on the role of decision-maker. And, one of your biggest decisions is if you should use cash or accrual accounting. What’s the difference? How in the world does accrual or cash accounting impact your books? We’re gonna break it all down for you.
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AI in Accounting: The Future Is Here [& Ready to Streamline Your Bookkeeping Responsibilities]
AI (artificial intelligence) has been a game-changer for everything from speech recognition to language translation and … accounting? Yes, AI in accounting continues to transform the process of bookkeeping. How so?
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