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How to Create a Chart of Accounts for Construction Companies and Contractors
Keeping track of all money moving in and out of your construction business can be challenging and time-consuming, that is why you need to...
Dec 19, 202110 min read
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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...
Dec 19, 20216 min read
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Successful Construction Bookkeeping Tips That Save You Countless Hours
Bookkeeping can be one of the most daunting processes when you’re running your own business. Maintaining accurate records of financial...
Dec 15, 20216 min read
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Cash and Accrual Accounting: Which Is Best for Your Small Business?
As a small business owner, you may be passionate about all aspects of developing your business, but it may not include accounting. There...
Dec 13, 20213 min read
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Law Firm Bookkeeping and Accounting: A Complete Guide
The Completed Guide To Better Law Firm Bookkeeping and Accounting Practices!
Dec 2, 20219 min read
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5 Considerations for Law Firm Accounting
While you’ve spent years honing your skills to become a great lawyer, you didn’t understand deeply about law firm bookkeeping or...
Nov 26, 20213 min read
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What are IOLTA accounts? Common Mistakes To Avoid
Attorneys routinely receive and handle money that belongs to clients for future use such as security settlement payments, fees advanced...
Nov 25, 20214 min read
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How to Perform A Three Way Reconciliation
A three-way trust reconciliation involves three components that must match. If the three numbers don't match, you have to investigate to kno
Nov 23, 20212 min read
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What is the difference between revenue and income?
Many people often consider ‘income’ as a synonym of ‘revenue’ since both terms refer to positive cash flow. Understanding the difference...
Nov 22, 20212 min read
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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...
Nov 19, 20214 min read
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Accounting for Law Firm: 5 Common Legal Accounting and Bookkeeping Mistakes
Lawyers are not accountants and they often make the same common mistakes when it comes to accounting for law firms.
Nov 17, 20214 min read
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Difference Between Debtor And Creditor
Debtor and Creditor are common terms when it comes to bookkeeping. Although these two terms might seem straightforward, it's important to...
Nov 13, 20213 min read
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