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How to Calculate Cash Flow

Simply put, cash flow is a reflection of how money moves into and out of your business. For small businesses, in particular, cash flow is...

What Is The Current Ratio? Formula and Examples

The current ratio is one of the important indicators when it comes to determining a company’s solvency - the ability to pay its...

Calculating Cost of Goods Sold for Contractors - Expert Guide

As a contractor, you are working on many projects, whether it is a small task or a big project, it requires months, years, or even...

What is Accounts Payable? How to Record Accounts Payable Properly

When your company purchases goods on credit that need to be paid back in a short time, it is known as accounts payable. As a business...

Construction Job Costing: What To Know & How It Affects Your Business

If you’re running a construction company, regardless of whether it is a general contractor subcontractor or something in between, you...

4 Ways to Get Your Team Excited About Accounting

Small business owners said that bookkeeping was their least favorite task. However, most small business owners understand how important...