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What Does It Mean To Have Negative Inventory?
Because inventory is closely tracked using computer systems, different accounting methods, etc., mistakes in the process can actually...
Dec 19, 20175 min read
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When/ How to Conduct a Physical Check Inventory ?
It goes without saying that accurate and timely physical inventories are one of the most important responsibilities in assuring making...
Dec 18, 20175 min read
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How to set up and create an Inventory Item in Quickbooks Enterprise?
Inventory control and usage may become actually complex, so depending on the needs of the company, other more sophisticated inventory...
Dec 15, 20174 min read
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Why QuickBooks Online Balance and Bank Balances Differ
If your QuickBooks Online register balance and your actual Bank balance don't match in QuickBooks Online, don't worry! There are...
Dec 13, 20173 min read
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QuickBooks – Expenses vs Items
When using QuickBooks, one area that often leads to confusion is whether to use Expenses or Items when entering data into the program....
Dec 12, 20173 min read
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Double-Entry Accounting, Debit and Credit - Defined and Explained
While single-entry accounting is quick and easy to use, the standard method for recording transactions is double-entry. Double-entry...
Dec 7, 20173 min read
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Three Main Strategies for Cutting Your Tax
The goal of tax planning is to arrange your financial affairs in order to minimize your taxes. In this blog, we'll explore three...
Nov 29, 20172 min read
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Deducting Business Expenses
Business expenses are the cost of conducting a trade or business. These expenses are usually deductible if the business operates to gain...
Nov 10, 20173 min read
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QuickBooks Online versus QuickBooks Desktop
Choosing the right accounting software might be a fundamental decision having drastic effects on your company’s accounting processes for...
Nov 1, 20172 min read
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How to Start Tax Planning
If you want to pay the least amount of income tax each year, then it may be helpful to start doing some tax planning. Don’t worry - you...
Sep 25, 20162 min read
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5 Reasons to Reconcile Accounts Monthly
At some point along the lines, you're going to make a mistake. Some mistakes will be larger than others, but for the most part, what's...
Sep 5, 20163 min read
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10 Tips for Getting the Biggest Tax Refund
Tax refunds can feel like Christmas in springtime. With a sudden boost to your bank account, you can look forward to going on a shopping...
Aug 18, 20167 min read
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