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What is an Unclassified Balance Sheet?
When it comes to your small business accounting the more resources you have available, the better. Keeping track of assets, earnings, and expenses in an organized manner will get you through the...
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6 Best Accounts Receivable Software for Small Businesses
No company wants to deal with overdue invoices, but it’s often an inevitable part of doing business. Preventing overdue payments and skillfully handling clients who pay late is an accounts receivable...
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Formula for Margin of Error: How To Calculate in Easy Steps
Knowing the formula for margin of error is handy when it comes to market research. From analyzing online survey results to analyzing A/B tests, learning how to calculate the margin of error will help...
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How to Calculate Markup & Markup Percentage?
Markup is a central tenet of becoming a profitable, thriving business. This guide will help you master markup for a sustainable business! As a business owner, calculating the markup on your services...
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What Is a Good Current Ratio?
When you’re running a business of any size, you should always be keeping an eye on your bottom line. It’s essential that you perform financial forecasting to make sure you have enough capital to cover...
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Debit Memo: Definition, Elements & Types
Have you ever heard of a debit memorandum? Maybe you have seen one before in one of your bank statements, such as for your checking account. These can be common with many types of bank transactions....
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Accounts Receivables KPIs: Top 10 Major KPIs To Keep Track
Monitoring accounts receivable key performance indicators allows you to track your team’s performance. Different performance metrics can show what’s working well within your organization. They can...
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5 Best Construction Accounting Software Solutions in 2023
When it comes to the construction industry, accounting is one of the most important aspects of a successful business. With each new contract comes a new set of expenses and incomes—new inventory to...
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6 Best Accounting Software in 2023
If you run a business, you already know the importance of accounting. Organized accounts help you track expenses and earnings, plan for the company’s future, and minimize tax liability. Today, many...
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Top 6 Accounting Apps for 2024
Accounting apps make all the difference in a small business’ success. Whether you are an individual or run your own business, an accounting app is an important tool for financial management, as it...
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