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What is an Overhead Expense?

MazumaBusinessAccounting

We often get asked to explain the ins and outs of financial reports and have found that providing our favorite clients with a working knowledge of accounting terms is helpful. appeared first on Mazuma Business Accounting. Their skills are varied and they have a wide variety of talents.

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Debit vs. Credit in Accounting: What’s the Difference?

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Also, you probably didn’t realize that opening your own business would require you to become an accountant by default. Accounting is essential for every business, and you get thrown into the deep end when you start a new company. . Without training in this field, accounting terms can feel like a foreign language.

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ARE ALL ACCOUNTING SERVICES THE SAME?

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ARE ALL ACCOUNTING SERVICES THE SAME? COMPARING DIFFERENT ACCOUNTING PARTNERS CAN BE LIKE COMPARING APPLES AND ORANGES. ACCOUNTING SERVICES (OR OFFERINGS) ARE NOT ALL THE SAME. BREAKING DOWN THE DIFFERENT ACCOUNTING PARTNERS YOU MAY BE CONSIDERING AND WHICH ONE IS RIGHT FOR YOU. WHO CAN ADVISE YOUR BUSINESS?

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How to Make Sense of Your Small Business Financial Reports

MazumaBusinessAccounting

Even though we’re accountants, we get that financial reports aren’t at the top of every small business owner’s to do list. Most small businesses run on slim budgets and personnel staff of one or just a few. If you’ve got a bookkeeper or an accountant on hand – ask them.

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What Are Costs of Goods Sold?

MazumaBusinessAccounting

We often get asked to explain the ins and outs of financial reports and have found that providing our favorite clients with a working knowledge of accounting terms is helpful. You may have even heard your bookkeeper or accountant refer to COGS as the cost of sales or services. appeared first on Mazuma Business Accounting.

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What Are Operating Costs?

MazumaBusinessAccounting

We often get asked to explain the ins and outs of financial reports and have found that providing our favorite clients with a working knowledge of accounting terms is helpful. appeared first on Mazuma Business Accounting. Their skills are varied and they have a wide variety of talents. The post What Are Operating Costs?

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What Are Expenses?

MazumaBusinessAccounting

We often get asked to explain the ins and outs of financial reports and have found that providing our favorite clients with a working knowledge of accounting terms is helpful. When it comes to business expenses, the best thing you can do is track them all. appeared first on Mazuma Business Accounting.