How Bookkeeping Helps You Secure Business Loans and Funding When it comes to securing business loans and funding, the importance of proper bookkeeping for business loans can’t be overstated.
Why Monthly Bank Reconciliation Prevents Financial Disaster for Small Businesses Bank reconciliation for a small business is one fundamental task that prevents fiscal catastrophe. Regular review of your financial transactions
Top 10 Tax Deductions Most Small Business Owners Forget to Claim Managing finances can be quite complex for small business owners. One frequently overlooked aspect is claiming small business tax
Bookkeeping vs Accounting – What’s the Difference and Why Does It Matter? Understanding the distinction between bookkeeping and accounting is crucial for businesses of all sizes. Despite both being integral
In QuickBooks, you typically don’t record the “sale” of customer service royalties because royalties typically represent income or revenue your business receives from licensing or selling intellectual property, not a
To make a payment for customer maintenance fees in QuickBooks, you would typically use the “Write Checks” or “Enter Bills” function to record the payment. Here’s a step-by-step guide on
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