Accounting & Bookkeeping Practices
Whether you're bookkeeping by hand or on the computer, we'll provide you with best practices to help you keep track of your cash flow.
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What Is an Asset Retirement Obligation?
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Using Invoices vs. Receipts for Your Home Business
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The Sarbanes-Oxley Act and Corporate Fraud -
Should You Use Periodic or Perpetual Inventory for Your Business? -
How Net Cash Flow Is Used in Business -
The Rules of Depreciation vs Expensing Purchases on Your Income Taxes -
Learn How Budgetary Slack Diminishes Corporate Performance -
A Beginner's Guide to Accounting Information Systems for Business -
Lower Inventory and Storage Costs by Using the EOQ -
What Is Cost in a Business Firm? -
You Need to Prepare These Financial Statements at the Cycle's End -
Bookkeeping Is a Powerful Way to Lower Costs of Running Your Business -
Bookkeeping and Accounting for Small Business -
Which Asset Accounts Should Be in Your Chart of Accounts? -
The 8 Best Accounting Software for Nonprofits of 2021 -
Here's the Lowdown on Direct and Indirect Costs in Product Pricing -
What Financial Ratios Measure Business Risk? -
What Does the Contribution Margin Ratio Reveal? -
The Importance of Credit Reports in Business -
Accounts Payable and Their Effect on Profitability -
What Is IFRS? -
An Overview of Accounting Records -
What Are Retained Earnings? -
8 Steps a Small Business Should Take to Complete the Accounting Cycle -
The 3 Types of Accounting in Small Business -
How to Create an Accounting Journal Entry -
Making Adjustments in Accounting Journals -
How to Prepare a Trial Balance for General Ledger Entries in 7 Steps -
Recording Cash Bookkeeping Entries -
Example of a Bookkeeping Double-Entry When Selling on Credit -
What Is Leverage? -
Here Are the Reasons Why Gross and Contribution Margins Are Different -
What Is the Contribution Margin?
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What Is Pricing? -
LIFO or FIFO for Inventory Accounting? -
8 Recordkeeping Tips for Small Businesses -
Point-of-Sale (POS) Systems for Inventory Management -
Tracking Outflows With a Cash Disbursement Journal -
10 Great Mobile Apps to Manage Your Business Finances -
How to Prepare a Company Values Statement as Part of the Business Plan -
What is a Limited Liability Company? -
Source Documents Provide Accounting Paper Trails -
Accounting: Closing Entries in 4 Steps -
Here Is an Example of a Bookkeeping Entry When Buying on Credit -
Bookkeeping Entries for Inventory Transactions -
What Are Debits and Credits? -
What Every Entrepreneur Should Know About Fixed and Variable Costs -
What Is Cost-Volume-Profit Analysis and How Do Changes Affect Profit?
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Do You Know Where Your Break-Even Point Is?
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Calculating Markup As a Component of Selling Price -
Here Are Some Key Bookkeeping Tips for Small Business Owners
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What Is Startup Capital? -
How Asset-Based Loan Financing Works -
Learn About the 3 Different Types of Cost Objects and How They Work -
Should You Use a Cash or Accrual Accounting System? -
The 8 Best Accounting Software for Restaurants in 2021 -
What Tax Forms to Use to Pay Taxes as a Sole Proprietorship -
Setting up a Small Business Chart of Accounts -
How to Construct the General Ledger for Your Small Business -
How to Set Up and Manage a Petty Cash Account -
How to Record Cash Sales When Offering a Discount -
What is Best: Single-Entry or Double-Entry Bookkeeping? -
Learn How to Calculate a Breakeven Point with This Helpful Formula
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Here Is What You Need to Know About Pricing Products Using Markup -
Defining and Calculating Cost-Plus Pricing
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