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Accounting

Understanding Accounts Payable Services: Definitions and Real-Life Examples

Accounts payable outsourcing services are a very crucial component of business accounting, representing the amounts a company owes to its suppliers or we can say...

By John Miller  |

2024-10-22 07:00:26

Accounting

Modified Cash Basis Accounting: Should Your Business Use It?

When it comes to controlling your business finances, the correct accounting method can make all of the difference. You have most likely heard about cash basis and accrual basis...

By Andrew Smith  |

2024-10-22 06:46:34

Accounting

A Beginner’s Guide to the Financial Accounting Standards Board (FASB)

For anybody new to accounting or finance, it helps to know who's making the rules and guidelines for financial reporting. Among these is the Financial...

By Olivia Brown  |

2024-10-22 06:31:54

Accounting

Best Practices for Accounting in Medical Practices: A Comprehensive Guide

You probably did not spend much time in medical school learning about accounting or bookkeeping as a doctor. But as a doctor/medical practitioner...

By Lily Wilson  |

2024-10-22 06:08:02

Accounting

How to Read and Analyze Your Stripe Dashboard Income Statement

For any business owner, knowing the status of your finances is essential to maintain your enterprise growing. Your income statement summarizes your company's...

By John Miller  |

2024-10-22 05:54:16

Accounting

CPA vs Accountant Costs: How Much Should You Budget?

Handling your business finances can be tough yet manageable, particularly if you think of working with a CPA or a regular Accountant....

By John Miller  |

2024-10-21 10:41:31

Accounting

Owner’s Equity: What It Is and How to Calculate It for Your Business

Every business person wants their company to be financially healthy all year round....

By Andrew Smith  |

2024-10-21 10:30:07

Accounting

Net 30 Payment Terms: Definition, Pros & Cons for Small Businesses

Flexible payment terms have become a necessity for maintaining cash flow and proper relationships with your clients....

By Olivia Brown  |

2024-10-21 10:17:31

Financial Planning and Analysis

How to Calculate Year-Over-Year (YOY) Growth and Why It Matters

As a business person, you need to be regularly updated about how your business is doing with time....

By Lily Wilson  |

2024-10-21 09:51:01

Accounting

What Is an IOLTA Account? Common Mistakes and Best Practices

When you're dealing with legal matters, it's not uncommon for your lawyer or law firm to handle some of your money...

By Lily Wilson  |

2024-10-21 08:12:06