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Bookkeeping and Accounting Terms: Relevant and Reliable Information

IgniteSpot

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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. But whether you keep your own books or employ the services of a bookkeeper or accountant, understanding the numbers can help your small business just as much as it could help a large corporation.

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ARE ALL ACCOUNTING SERVICES THE SAME?

Basis 365

Basis 365 was created to deliver a unique, outsourced accounting experience to small businesses by providing a virtual accounting department using cloud-based accounting applications. The bookkeeper-only option will be part of the bottleneck of the business's growth. WHO CAN ADVISE YOUR BUSINESS?

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What Is Payroll Tax? A Breakdown for Business Owners

inDinero Tax Tips

How to Do Payroll Yourself Benefits of Outsourcing Payroll Conclusion Want to familiarize yourself with essential accounting terms and concepts for business owners? Download our accounting alphabet for entrepreneurs. In fact, that’s one reason why companies outsource payroll and other bookkeeping tasks.

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What Is Payroll Tax? A Breakdown for Business Owners

inDinero Tax Tips

How to Do Payroll Yourself Benefits of Outsourcing Payroll Conclusion Want to familiarize yourself with essential accounting terms and concepts for business owners? Download our accounting alphabet for entrepreneurs. In fact, that’s one reason why companies outsource payroll and other bookkeeping tasks.

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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. What Are Cost of Goods Sold (COGS)?

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ChatGPT Isn’t Terminator for Accountants…Yet

Going Concern

TurboTax and QuickBooks are full of rudimentary AI features and already have reduced the need for some bookkeepers and tax preparers. The products can sort accounts, predict the other side of a journal entry, and populate a tax form with high accuracy. It confuses like terms, particularly technical accounting terms.