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How To Manage Your Accounts Receivable More Efficiently amid a Crisis?
Since the COVID-19 pandemic happened, businesses all over the world have experienced a lot. Appropriate accounts receivable management becom
May 13, 20214 min read
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What Does Reconciling Account Mean in Accounting?
When your business needs to prove or record its account balance, this is called reconciliation accounting. In all the activities that drive
Mar 18, 20213 min read
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8 Tips for a First-Time Business Owner
The newly established enterprises face many risks, negligence, and mistakes. No matter how much experience you have as a business owner,...
Mar 10, 20215 min read
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Why Are Your Books a Mess? How to Clean Up Accounting Records?
WHY ARE YOUR BOOKS A MESS? Every small business owner has the best intentions from the beginning, but heavy responsibilities and busy...
Mar 2, 20215 min read
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4 Common Accounting Pitfalls Law Firms Must Avoid
- There is no Money In and Out of the fund (no flow of transactions)
- Overdraft client ledgers at the transaction level.
Feb 3, 20213 min read
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Law Firm Accounting: 4 Common Legal Accounting Mistakes
In legal accounting, all cases expenses are not treated the same. It is important to ensure that every item billed is tracked
Jan 5, 20212 min read
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What Is An IOLTA Account? The difference between IOLTA and Attorney Trust.
All of these account types (IOLTA, IOLA, and Attorney Trust) have the same purpose. They are all used to separate the client’s money from...
Dec 15, 20203 min read
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Trust Account Reconciliation: What Is Three Way Reconciliation?
For trust account management, this reconciliation process is one of the most important aspects of maintaining compliance and administration.
Dec 7, 20206 min read
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3 Digital Transformation Solutions For Successful Accounting
Industrial Revolution 4.0 has brought many technologies that can help make the financial management and accounting of businesses accurate
Nov 11, 20202 min read
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10 Reasons Why Business Owners Should Switch to Online Accounting Software
Using online accounting software to ensure the accuracy of data.
Nov 4, 20202 min read
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Why is Budgeting Important?
Budgeting is the process of creating a plan to spend your money. This spending plan is called a budget.
Oct 11, 20203 min read
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Top 5 Accounting Tips for Small Business
All businesses operate with money. That means if you cannot control the cash flow, you cannot control the business
Sep 20, 20204 min read
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