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Category: Bookkeeping

Restaurant Cash Flow Tips

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If you don’t currently have a line of credit, talk to your financial institution. The processes you set up in […]

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What Is Retail Accounting? A Guide to the Retail Method of Accounting

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Lower retail prices could stimulate consumer spending, providing a temporary boost to the economy. Moreover, these prices have a domino […]

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Whats the Undeposited Funds account?

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Preventing undeposited funds in QuickBooks requires implementing regular reconciliation of bank accounts, maintaining effective financial controls, and ensuring accurate account […]

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How AI Is Transforming The Finance Industry

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Those two factors make it very hard to “buy AI” and run it in etching meaning an organization’s own data […]

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QuickBooks Desktop, Compare QuickBooks Desktop to Online

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QuickBooks Desktop Enhanced Payroll subscription is included in Desktop Enterprise Gold and Platinum. Standard Enhanced Payroll subscription fees apply when […]

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How to Calculate Budgeted Cash Collections

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You can make better business decisions by tracking forecast variations over a given period. The higher the forecast variations, the […]

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Purchase Discount Journal Entry: Example and How To Record

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Purchase discounts are recorded separately from regular purchased costs and then deducted from gross purchases. This is done to ensure […]

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