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QBO Cleanup: The diagnostic skills every bookkeeper should know

5 Minute Bookkeeping

Instead of recording a bank deposit, they add the transaction from the bank feed as income. Now, QuickBooks thinks they have both an invoice AND a deposit , which duplicates income. The Cleanup Solution: Find the duplicate deposits and remove them. Match undeposited funds transactions to the correct bank deposits.

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Top Strategies to Optimize Accounting for Your Ecommerce Business Success

CapActix

Accounting services for online retailers thrive with the adoption of automation programs that handle high numbers of transactions in many marketplaces. Streamline Expense Reporting and Cost Management Accurate tracking of expenditures is part of effective accounting services for Internet stores.

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How Prevent Embezzlement and Theft as a Business Owner?

Remote Quality Bookkeeping

They only imagine the ideal scenario in which customers love their product or services, employees are loyal and trustworthy, payroll and benefits flow smoothly, and their bank account grows continuously year after year. Remote Quality Bookkeeping wants your business to be protected from fraud.

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How Prevent Embezzlement and Theft as a Business Owner?

Remote Quality Bookkeeping

They only imagine the ideal scenario in which customers love their product or services, employees are loyal and trustworthy, payroll and benefits flow smoothly, and their bank account grows continuously year after year. Remote Quality Bookkeeping wants your business to be protected from fraud.

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11 Ways for High Earners to Reduce Taxable Income [2023]

Outsourced Bookeeping

An individual can avail outsourced bookkeeping services so that specific strategies can be adopted to reduce taxes. These retirement plans are usually tax-deductible, and you must deposit less tax. Utilize health savings accounts (HSAs) : The part of income invested in the health plan is not liable for payment of taxes.

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Streamlining Payroll Processes: Best Practices for Small Businesses

Less Accounting

These platforms offer features such as automated calculations, direct deposit capabilities, tax form generation, and compliance assistance. Implement Direct Deposit Paper paychecks are not only outdated but also less secure and efficient compared to direct deposit.

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3 Things To Know If You Hire Freelancers

Remote Quality Bookkeeping

Freelancers don’t require the same benefits, payroll taxes, and other considerations that full-time employees need, but you do have to make sure you have professional bookkeeping services in place before deciding to go that route. That’s why Remote Quality Bookkeeping exists: to manage payroll and taxes so you don’t have to!