December 2022

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Bookkeeping & Accounting Tips for Small Business: 5 Things to Avoid

From day one, business owners should have a separate bank account in which to deposit their income and pay their business expenses. It’s also crucial to designate a business-only credit card. Come tax time, separate statements will make submitting claimable expenses quick and easy, while reducing the risk of a painful audit. Letting accounts receivable […]

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Accounting/Bookkeeping, , ,
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3 Reasons to Prioritize Bookkeeping

You can only make informed decisions about your business when you have a full picture of your current financial situation. That means knowing how much money is in your accounts, what your cash flow forecast predicts, and how much money you owe. Without that information, it’s much more difficult to know when you can afford

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