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How Do You Record Ecommerce Sales in Accounting?

xendoo

No matter if you sell products online through Amazon, Shopify, BigCommerce, Walmart, or Etsy, you’ll need an accounting system to manage finances. What should you know about recording sales for ecommerce? What is accounting for ecommerce? Accounting provides the big picture of your financial health.

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Bookkeeping vs. Accounting: What’s the Difference Between Bookkeepers and Accountants?

Snyder

Sometimes grasping the difference between bookkeeping and accounting can be tricky. Both bookkeepers and accountants work with your finances, both help make your tax reporting a smooth experience. Bookkeeping vs. accounting: what is the difference between bookkeeping and accounting?

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Accounting Technology: What it is and how it works

ThomsonReuters

This is particularly true for accountants who may have been slow to embrace advances in technology but have now come to realize the enormous benefits of technology created specifically for accountants and accounting firms. What is accounting technology? . Accounting?technology?is?the Tax workflow automation.

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Getting Paid 101: Accounts Payable and Accounts Receivable

xendoo

If you’re managing a business—and your books—you’ve probably had to learn what is accounts payable vs. accounts receivable. . Accounts payable and accounts receivable are two different sides of the same coin. What Is Accounts Payable? What Is Accounts Receivable?

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Accounting advisory: What you need to know

ThomsonReuters

In today’s ultra-competitive business landscape, being an accountant means far more than preparing tax returns or compiling financial statements. Let’s take a look at the basics. What is accounting advisory? If a client comes to you with a question that goes beyond the scope of their tax return , put your radar up.

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How to spot accounting fraud

ThomsonReuters

Now, we are not officially in a downward economy, but I think there’s a lot of concerns about where the economy is going to go in the next few months, and so on, so that certainly increases the risk in terms of accounting fraud per se,” said Anne-Lise Dorry, Senior Director, Editorial for Thomson Reuters.

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Xendoo vs. QuickBooks: The Difference

xendoo

Let’s break it down and discover what will work best for your business: Xendoo vs. QuickBooks. . What Is Accounting Software? Additionally, you may miss out on important tax benefits, deadlines, and requirements if you simply try to do it all on your own. But which option will work best for you?