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How To Avoid Getting Behind On Your Books
Has this ever been you: The holidays have just come and gone, and you come to a realization…Tax time is coming! You may have a shoebox of receipts or just your monthly account statements. Either way, you’re behind! So you spend nights and weekends cramming to get everything done in time for your CPA. This…
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The Difference Between Cash And Accrual Accounting
If you’re a new business owner, you may hear the terms “cash basis” and “accrual basis” accounting and wonder what they mean and which you should use for your #bookkeeping. Let’s unpack both of them and see what they’re all about. Cash Basis – You report expenses and income when “cash” has changed hands; expenses…
