No matter what industry your business is in, you need to track your money. It’s virtually impossible to run a business without knowing your financial health. That’s where bookkeepers come in. They track all of the economic activity that flows in and out of...
Two of the most common business processes you will find yourself managing (if not obsessing over) in your accounting system are accounts payable and accounts receivable. The concept is simple: accounts payable represents money you owe, while accounts receivable...
Business is great: you’re growing, generating profits, and hiring more employees. You’re establishing a finance and accounting department to manage your forecasting, budgeting, and month-end close. But you still have a critical decision to make —...
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