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Keeping books is an important part of running a successful business, especially in Texas, where places like Houston, Dallas, San Antonio,...

The accounting cycle is a must-know process for any business owner if he wants the business to prosper. Learn more by following 6 steps

Your success in business will rest on good record books and solid cash flow. Without good record keeping, it’s impossible to determine...

For small business owners, you have more fires to put out and issues to deal with. Bookkeeping is often seen as one of the most...

In this article, we’ll learn about inventory and the best practices for proper inventory management. Let’s dive in. What is Inventory?...

Accounting is divided into several sections, but for small business owners, there are three types that are necessary to generate financial i

Administrative tasks like billing and invoicing can be tedious and time-consuming and you may be stuck if you don’t implement the proper...

Along with direct materials and direct labor, overheads are also a very important cost element to determine directly to your business’s...

When a small construction company does not get its payables, it is more vulnerable to damage than a large company with large cash reserves.

Variable costs and fixed costs comprise the total cost of your business activity. While these costs seem complicated at the first plan,...

As a small business owner, you have everything on your plate, from taking care of customer relationships, marketing and sales, finance,...

Under an untrained eye, bookkeeping and accounting may appear to be the same profession. It’s a common misconception regarding the two...