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What is Bookkeeping? (+ 6 Common Questions Answered)

Keeping your finances in check is critical for any business.

You don’t want to be left scrabbling for receipts or digging out invoices when tax season rolls around.

Whether you’re a big fan of the odd spreadsheet or you’re not so tech-savvy when it comes to your finances, keeping on top of your money is a must for any business to stay afloat. Continue reading

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Bookkeeping Guide Updated for 2022

When you own a small business, you know that keeping your finances in order is crucial – and that includes your bookkeeping processes.

Even though it is sometimes grouped with business accounting, bookkeeping is an important and independent part of managing your finances and ultimately growing your business.

In order to control costs effectively, manage cash flow, and generate profits, companies need financial information. Continue reading

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What is a Balance Sheet?

Good financial health and consistent insight into your money are essential for running any business, large or small.

Balance sheets are one of the best ways to get a handle on what your current finances look like during a particular period or on a specific date.

If you’re wondering ‘what is a balance sheet?’, we cover all you need to know to help you understand the ins and outs of this financial document, including why they are so important in the first place.

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