How To Manage Your Accounts Receivable More Efficiently amid a Crisis?
Since the COVID-19 pandemic happened, businesses all over the world have experienced a lot. Appropriate accounts receivable management becom
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Mar 18, 20213 min read
What Does Reconciling Account Mean in Accounting?
When your business needs to prove or record its account balance, this is called reconciliation accounting. In all the activities that drive
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Mar 10, 20215 min read
8 Tips for a First-Time Business Owner
The newly established enterprises face many risks, negligence, and mistakes. No matter how much experience you have as a business owner,...
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Mar 2, 20215 min read
Why Are Your Books a Mess? How to Clean Up Accounting Records?
WHY ARE YOUR BOOKS A MESS? Every small business owner has the best intentions from the beginning, but heavy responsibilities and busy...
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Feb 3, 20213 min read
4 Common Accounting Pitfalls Law Firms Must Avoid (2023 Updated)
- There is no Money In and Out of the fund (no flow of transactions)
- Overdraft client ledgers at the transaction level.
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Jan 5, 20212 min read
Law Firm Accounting: 4 Common Legal Accounting Mistakes
In legal accounting, all cases expenses are not treated the same. It is important to ensure that every item billed is tracked
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Dec 15, 20203 min read
What Is An IOLTA Account? The difference between IOLTA and Attorney Trust.
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...
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Dec 7, 20202 min read
Trust Account Reconciliation: What Is Three Way Reconciliation?
For trust account management, this reconciliation process is one of the most important aspects of maintaining compliance and administration.
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Nov 11, 20202 min read
3 Digital Transformation Solutions For Successful Accounting
Industrial Revolution 4.0 has brought many technologies that can help make the financial management and accounting of businesses accurate
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Nov 4, 20202 min read
10 Reasons Why Business Owners Should Switch to Online Accounting Software
Using online accounting software to ensure the accuracy of data.
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Oct 11, 20203 min read
Why is Budgeting Important?
Budgeting is the process of creating a plan to spend your money. This spending plan is called a budget.
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Sep 20, 20204 min read
Top 5 Accounting Tips for Small Business
All businesses operate with money. That means if you cannot control the cash flow, you cannot control the business
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