What is Progress Billing? How to Implement and Why You Should Use It
Many businesses undertake long-lasting projects with substantial budgets but struggle to find an effective way to invoice customers. Many...
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Jan 21, 20224 min read
Outsourced Bookkeeping Services for Small Business
As a small business owner, you have everything on your plate, from taking care of customer relationships, marketing and sales, finance,...
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Jan 14, 20223 min read
TOP 4 Key Differences Between a Trial Balance and Balance Sheet
As a business owner, it’s important to differentiate the meaning of a trial balance and balance sheet so you can use them for the right...
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Jan 12, 20224 min read
Bookkeeping Vs Accounting: 5 Key Differences
Under an untrained eye, bookkeeping and accounting may appear to be the same profession. It’s a common misconception regarding the two...
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Jan 5, 20222 min read
2022 Standard Deduction Amounts - What You Need to Know About Inflation Adjustments
The IRS released the new tax brackets and standard deduction amounts for the 2022 tax year. All Americans are facing a long list of new...
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Oct 20, 20215 min read
How To Increase Law Firm Revenue in 2023
Business success and sustainability are dependent on revenue. This metric is also critical to accounting and law firm bookkeeping, law...
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Oct 14, 20216 min read
How To Improve Your Construction Company’s Profitability
Construction companies do not only build structures, they head for building profits also, of course. Although most of them know how to...
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Jul 2, 20213 min read
5 Bookkeeping Items to Double-Check Before Finalizing Your Tax Return
There is some steps business owner can take to minimize the risk of getting your tax returns flagged by the IRS for manual processing — a...
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Jun 17, 20213 min read
What is a Profit and Loss Statement?
The Profit & Loss statement or P&L is an account compiled to show a business’s revenue, expenses, and net income over a given period of...
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Jun 10, 20215 min read
Tips on Improving Accounts Receivable Processes
The ability to effectively manage your account receivables (AR) is a prerequisite for running a successful business. It is unfortunate...
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Jun 3, 20214 min read
How Does a Construction Company Improve Its Accounts Payable?
In the construction industry, the value of correct accounts payable and other accounting records cannot be underestimated. These expenses...
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May 23, 20213 min read
5 Tips To Boost Your Accounts Payable Processes
As a result of an inefficient AP process, companies may accumulate late payment fees, make duplicative payments, or fail to pay invoices...
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