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Bookkeeping Basics for Small Business Owners: Everything You Need to Start Doing Your Own Bookkeeping

It offers real-time cloud bookkeeping, and also gives you access to certified accountants. It’s a great choice for any business that needs financial support and advice from its bookkeeping app. You can also quickly compare Xero with FreshBooks to make better business choice. Bookkeeping – Definition, Importance, Types & Methods Under double-entry bookkeeping, all transactions […]

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The Product Backlog: How to Build and Prioritize It

A team owns its product backlog and may have a specific role – product owner – with the primary responsibility for maintaining the product backlog. An agile product backlog documents how much of my internet expenses are deductible on my 1040 feedback from customers/users as well as action items from team retrospectives. This helps in continuous improvement, […]

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A Small Business Guide to T-Accounts

You’ll also need to keep the records of these transactions, such as sales receipts or customer invoices. A very simple general ledger entry to look at as a T-account example is the sale of goods. If John, who has a line of skin care products, sells $5,000 worth of products, he’ll credit (or decrease) his […]

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Stale Check Law: Will Banks Honor Stale-Dated Checks?

We are compensated in exchange for placement of sponsored products and services, or by you clicking on certain links posted on our site. While we strive to provide a wide range of offers, Bankrate does not include information about every financial or credit product or service. It’s also a good idea to monitor your account […]

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