Category: Bookkeeping

When companies extend credit sales to customers, they expect some customers not to repay them. It is important for businesses to follow proper accounting standards, such as Generally Accepted Accounting Principles (GAAP), when determining the criteria for writing off assets. These criteria ensure accuracy, consistency, and transparency in financial reporting. If you have an account […]

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When it comes to tidying up your books, create a checklist to help you track what needs done and cross items off your to-do list. Often, messy books are the result of a poor recordkeeping process. For spick and span books, you might consider How to do Bookkeeping for Cleaning Businesses upgrading your tried-and-true spreadsheet […]

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However, modern accounting as a profession has only been around since the early 19th century. Freshbook is one of the easiest accounting software systems to use. Another easy to use option that’s perfect for self-employed entrepreneurs who need an affordable accounting solution is Neat. Accounting helps a business understand accounting its financial position to be […]

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Personal usage often leads to surfing around on less secure websites which can increase the chances of cybersecurity threats occurring and make it easier to identify for hackers. Another trend we see is a shift to the public cloud to back up information. Big public cloud storage providers have enough resources to implement cutting-edge data […]

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