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When your business needs to prove or record its account balance, this is called reconciliation accounting. In all the activities that drive

WHY ARE YOUR BOOKS A MESS? Every small business owner has the best intentions from the beginning, but heavy responsibilities and busy...

- There is no Money In and Out of the fund (no flow of transactions) - Overdraft client ledgers at the transaction level.

QuickBooks Online – on the other hand – will not allow you to use the Allowance for Doubtful Account.

In legal accounting, all cases expenses are not treated the same. It is important to ensure that every item billed is tracked

A fixed asset is a long-term tangible piece of property or equipment.

All of these account types (IOLTA, IOLA, and Attorney Trust) have the same purpose. They are all used to separate the client’s money from...

For trust account management, this reconciliation process is one of the most important aspects of maintaining compliance and administration.

Trust Accounting is simply bookkeeping of bank trust account under state requirements which involves

Currently, small and medium business owners tend to find financial support services, especially getting loans to looking for more...

Industrial Revolution 4.0 has brought many technologies that can help make the financial management and accounting of businesses accurate

Using online accounting software to ensure the accuracy of data.