Category: Bookkeeping
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Small Business Taxpayers Can Choose Accounting Methods: CLA
Enterprise accounting software helps companies manage and track their financials, from accounts payable to payroll. Ideally, it should also include the tools necessary for accounting automation, inventory management, compliance and so much more. Managing your business finances with spreadsheets might work when you first start out, but it can soon become challenging and lead to…
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Financial Statements: List of Types and How to Read Them
Chapter 1 presents a broad overview of accounting which is common in financial accounting texts. As I mentioned previously, chapter 2 makes the assumption that students already grasp at this early stage what revenues and expenses are and the differences between cash and accrual accounting. The adapted textbook includes multiple ancillary student and instructor resources.…