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All three types of accounting are different and have different characteristics. There are some of the accounting software available having the feature to handle all the three types using multiple or hyper-focused categories which are there to handle every transaction....

Tax time has always been a stressful time of the year. This is the time considered one of the busiest as the business person has to make many calls and calculations at the same time. One need to consider everything that is claimable and also knows whether the entire...

Being a small business owner, one needs to know many vital points in the aspect of bookkeeping. If you have good financial records, then you would be able to manage the deposits, debts and invoices as well. With proper management of business finances, one can’t just...

The foundation of any of the accounting relies on credit and debit. When one wants to learn about accounting, then firstly, it is must to know regarding debit and credit. In a financial period, there are many transactions took place. It’s the job of an accountant to...

For years, many small and medium-sized businesses are using the excel spreadsheets to track down the different records or payments they have made for the business. The quite obvious reason for using the same is the ease of access and they are free to use. It’s not bad...

Getting know how much cash is available in the company’s account, and how much money is there for the tax payments to be done or money for the other spending in the company is the most important thing to matter for any of the company. This is, in fact, an important...