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In today's online world, construction companies need specific software. They want accuracy and speed, which is why many choose Sage 100...

To some business owners, doing bookkeeping is probably their least favorite task. Even ones who are confident with bookkeeping, may...

Along with direct materials and direct labor, overheads are also a very important cost element to determine directly to your business’s...

Variable costs and fixed costs comprise the total cost of your business activity. While these costs seem complicated at the first plan,...

Many businesses undertake long-lasting projects with substantial budgets but struggle to find an effective way to invoice customers. Many...

As a small business owner, you have everything on your plate, from taking care of customer relationships, marketing and sales, finance,...

As a business owner, it’s important to differentiate the meaning of a trial balance and balance sheet so you can use them for the right...

Under an untrained eye, bookkeeping and accounting may appear to be the same profession. It’s a common misconception regarding the two...

Preparing your tax return is an important step at this point.

Outsourcing is the way that some companies call for a third-party provider for service or product, rather than handling it in-house.

While single-entry accounting is quick and easy to use, the standard method for recording transactions is double-entry. Double-entry...