Cash Basis and Accrual Basis: Which Accounting Method is Right for You?

Accounting & Bookkeeping / October 24, 2025
Cash Basis and Accrual Basis Accounting: Which One is Best for Your Business?

Every business needs a proper accounting service method. This would help the organization to create a proper and understandable financial report. There are mainly 2 types of accounting options, those are cash basis and accrual basis accounting, so it creates a difficulty for the owner to choose the right one for their organization. Try to […]

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Total Contribution Margin at the Break-Even Point: Benefits, Impotance and How to Improve It?

Accounting & Bookkeeping / October 30, 2025
total contribution margin at the break-even point img

You should know about the contribution margin at the break-even point, which would help your business to get an idea about the break-even point, and you can motivate your employees to get more than the break-even point. By calculating the contribution margin, you can easily get an idea of the profit percentage of the organization.

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How To Set Up or Customize QuickBooks Online for Nonprofits

QuickBooks Online / October 9, 2025
How To Set Up or Customize QuickBooks Online for Nonprofits

If want to run a nonprofit organization by configuring it with QuickBooks Online then you need to make few changes to the QuickBooks Online reports, and forms. This will make sure that your QuickBooks Online account is fully configured with the nonprofit organization, and ready to manage its finance. In this article, we will show

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Find the Difference Between Income Statement and Balance Sheet

Accounting & Bookkeeping / December 16, 2025
Difference Between Income Statement and Balance Sheet

Many business owners are confused about whether the income statement and balance sheet are the same. Actually this both are types of financial statements. Financial statements play a crucial role in Business success. Every Business Owner needs to know financial skills to maintain their financial records to grow their business. In this article, we understand

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Non-profit Organization Treasurer: Mistakes, Responsibilities & Basic Duties

Accounting & Bookkeeping / December 16, 2025
Guide for Becoming A Good Non-profit Organization Treasurer Guide For Becoming A Good Non-Profit Organization Treasurer

The Treasurer of a Non-profit Organization is an important actor in the company’s success and its integrity. Having successfully accomplished its attempt to do good by its stakeholders, the non-profit organization has been in charge of the fund through transparency, financial accounting, and the mission, and not just money. In most cases, it is understandable

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Contribution Margin And Gross Profit Margin And How To Calculate Break Even

Financing / October 10, 2025
Contribution Margin And Gross Profit Margin And How To Calculate Break Even

If you want to unlock profitability for your business and want to increase the potential of your business, then you must know about Contribution Margin and Gross Profit Margin. These concepts are a bit tricky for all business owners. Today in this article we will guide you to completely know about Contribution Margin and Gross

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Outsourced Accounting Service: Benefits, Cost & Services

Accounting & Bookkeeping / October 23, 2025
Outsourced Accounting Service img

Running a business comes with lots of responsibilities and keeping up with the numbers is one of the most important but also one of the most time-consuming. For many small and growing companies, managing accounting in-house can quickly become overwhelming. That’s where outsourced accounting comes in. It means handling your financial tasks such as bookkeeping,

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Guide For Handling NSF Or Bounced Check From Customers In QuickBooks

QuickBooks / November 9, 2024
Guide For Handling NSF Or Bounced Check From Customers In QuickBooks Guide For Handling NSF Or Bounce

NSF check stands for Non-Sufficient Fund check. In QuickBooks accounting software, sometimes you might receive an NSF check or Bounced check from the customers. If you don’t record or handle these checks properly, then your account will not be balanced and will not be well documented. You must record these NSF or bounced checks in order

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How Small Businesses Can Manage a Company’s Financial Resources ?

Financing / December 3, 2025
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By managing its financial resources, a business can earn and spend money effectively. To achieve business goals, budgeting, investing, saving, and monitoring the flow of cash are important with planning, organizing, and controlling finances. A company can make financial decisions smartly with proper financial management to avoid losses for growth. It makes sure that the

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How to Unapply A Credit Memo in QuickBooks (A Complete Guide)

QuickBooks / October 10, 2025
How to Unapply A Credit Memo in QuickBooks (A Complete Guide)

Sometimes customers make an overpayment for an invoice in QuickBooks accounting software. In such situations you have to unapply a credit memo in QuickBooks. The overpayment made by the customer can be easily adjusted by simply unapplying a credit memo in QuickBooks accounting software. When a customer makes an overpayment, QuickBooks automatically applies the credit

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