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Happy International Accounting Day!

Going Concern

An encyclopaedic work (600 pages of close print, in folio) written in Italian, it contains a general treatise on theoretical and practical arithmetic; the elements of algebra; a table of moneys, weights and measures used in the various Italian states; a treatise on double-entry bookkeeping; and a summary of Euclid’s geometry.

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Accounts Payable vs. Accounts Receivable

Patriot Software

Both accounting entries are part of double-entry bookkeeping, but what is the difference between accounts payable vs. accounts receivable? As a small business owner, setting up your accounting books and maintaining accurate records is essential. What is the difference between […] READ MORE.

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Navigating the World of Bookkeeping for Marketing Agencies

Steve Feinberg

Bookkeeping and accounting for marketing agencies may not be the most exciting or glamorous aspect of the business, but they are essential for your agency’s success. From tracking profit margins to monitoring budget constraints, bookkeeping offers insight into the financial health of a digital marketing agency’s operations.

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Why Hyperledger Says It?s Prime Time For Blockchain

PYMNTS

They’re just called double entry bookkeeping.”. Blockchain, he said, exists as a form of “multi-way bookkeeping.”.

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Can Better Digital Bookkeeping Make For Happier Landlords?

PYMNTS

In a new PYMNTS interview, Karen Webster talks with Peter Koch, CEO of ManageCasa , a property management software provider that focuses on DIY landlord and property management, about bringing more digital bookkeeping to the space. We can accommodate a lot of different users,” he said. The transactions automatically reconcile.”.

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How Accountants Can Help Clients Navigate the New World of E-Invoicing

CPA Practice

At roughly the same time, Luca Pacioli introduced the concept of double-entry bookkeeping in Italy with publication of the first accounting text, featuring plus and minus symbols. Today, over half a millennia later, many accounting processes have long been digitized and are now even seeing AI infusion.

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Basic Accounting for a Small Business: Bookkeeping and Accounting Basics

Snyder

All small business owners need to be familiar with basic accounting and bookkeeping, as it gives them a clear picture of the state of their finances, allows them to make informed business decisions, and lets them react to any adverse changes faster. Small business owners need to get a working grasp of basic bookkeeping and accounting.