QuickBooks

Liabilities in Accounting Explained with Types & Examples

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In the accounting, Liabilities play an essential part in improving the company’s financial report and structure. It show the financial obligations that company owes to other parties and must be settled in the future. Liabilities is very beneficial for business owner, stakeholders, and investors that help to meet its obligation on time. In this article […]

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What is Accounts Payable? Components, Example, and Importance

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Accounts​‍​‌‍​‍‌ payable represents a crucial element of the business finance cycle as it captures the money a business owes to its suppliers for items or services gotten on credit. This, in fact, is central at the time of making decisions about running the daily business operations, cash flow, and financial planning. In this article, we

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How to understand Book Depreciation vs Tax Depreciation?

book depreciation vs tax depreciation

Book Depreciation and Tax Depreciation behave like cousins, but both target different audiences with different rules. Book Depreciations help in financial reporting to investors, lenders, and management. The Tax Depreciations reduce taxable income and current tax liability. Both depreciations track how assets lose value using different methods. In this article, we understand the book depreciation

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High-Ranked ProAdvisor in Virginia

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When you run accounting software like QuickBooks to enhance your business in Virginia, you have probably heard of QuickBooks ProAdvisor. Choosing a ProAdvisor in Virginia can be a transformative decision for businesses, as they can have a significant impact on the growth of businesses. Certified ProAdvisors help users run the software and provide the expertise

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Best Certified QuickBooks ProAdvisor in Maryland

Certified QuickBooks ProAdvisor in Maryland image

Nowadays, every business owner adds software to their business, like QuickBooks, to manage their accounting and financial tasks. Without QuickBooks, any business owner can’t handle these tangled tasks, which may put you in critical situations. For accounting, you need to know more about this and gain more knowledge. Mostly, a certified QuickBooks ProAdvisor in Maryland

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Is QuickBooks ProAdvisor Certification Free: Benefits, Steps

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QuickBooks is a well-known accounting software today, it has many features and functionality to be called the best accounting software in the market. QuickBooks Proadvisor certification is a professional credential that is offered by Intuit. If you have limited knowledge of QuickBooks, then this certificate can boost your accounting expertise, ensuring that you are qualified

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Fund Administration vs Fund Accounting: Compare and Choose

Fund Administration vs Fund Accounting image

All accounting processes are vital for business. However, some of the accounting, like fund accounting and fund administration, play a vital role in empowering the organizations. In this era of investment funds, every organization looks for fund administration and fund accounting that will meet its requirements. But they work differently; fund administration provides several services

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Comparison of Financial Accounting vs Management Accounting

Financial Accounting vs Management Accounting image

Accounting has impacted many areas in all types of businesses. Accounting has transformed the way people do business. So, which type of accounting comes to your mind when you think of accounting for your business? Financial accounting and management accounting are the best ones that are well-suited for every business. But if you are thinking

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How to Send W9 in QuickBooks Online? A Detailed Explanation

How to Send W9 in QuickBooks Online

Every business wants to maintain accurate accounting records and proper documentation. For that, they use QuickBooks Online to manage their accounting and businesses. By using this software, they manage employees’ payroll, vendor or contractor taxes, and many more. To collect important tax information for managing vendor or contractor tax records and for their smooth payment

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How to Set Up and Send QuickBooks Online Invoice Reminders?

QuickBooks Online Invoice Reminders

In today’s busy schedule, everyone is busy with their own business. Their some people who have missed their on-time bill payments, so they are unexpectedly paying penalties for late payments. To avoid those issues, QuickBooks Online provides a solution where a business can send current due or overdue invoice reminders automatically or manually. That saves

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How to Clear Unapplied Cash Payment Income in QuickBooks Online?

Unapplied Cash Payment Income in QuickBooks Online image

If you use QuickBooks Online, then you may have noticed an account “Unapplied Cash Payment Income” to create a profit and loss report. Keeping your financial records accurate is crucial for clear unapplied cash payment income in QuickBooks Online. Mostly, the issues appear after the entry of payments from customers, which do not match their

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QuickBooks Online Advanced Fathom: Key Features, Latest Update & Use

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QuickBooks Online Advanced Fathom supports third-party tools for analyzing financial data and helps forecast tools that integrate with QuickBooks Online Advanced. However, now that Fathom is no longer included with the QBO Advanced plan, you can purchase it separately.In this article, you’ll learn what QuickBooks Online Advanced fathom is, the key features of fathom, how

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