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For Dothan, Ala., company, move to the cloud “a no-brainer”

Remote Quality Bookkeeping

Each Wednesday, Smitherman is delivered a complete, refreshed look at her company’s financial picture, allowing her to pay bills and distribute payroll. There is a level of trust that must be developed when outsourcing a core business functionality to an entity that is 1,300 miles away, as is the case for Smitherman.

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Why General Ledgers Matter to Businesses

Remote Quality Bookkeeping

Why General Ledgers Matter Because a general ledger contains all of your transactions, it also serves as the basis for financial reporting and tax filing, among other things. Think of it as the building block of your financial record-keeping system. Interested in worrying less about trial balances and general ledgers?

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For Dothan, Ala., company, move to the cloud “a no-brainer”

Remote Quality Bookkeeping

Each Wednesday, Smitherman is delivered a complete, refreshed look at her company’s financial picture, allowing her to pay bills and distribute payroll. There is a level of trust that must be developed when outsourcing a core business functionality to an entity that is 1,300 miles away, as is the case for Smitherman.

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How To Make Credit Notes? Process and Tips!

Invoicera

Easily Create Credit Notes With Invoicera Get A Free Trial Book Free Demo E. Create Error-Free Credit Note With Invoicera Get A Free Trial Book Free Demo FAQs Why do businesses need credit notes? Is Invoicera appropriate for small companies? List each item separately with its corresponding quantity and price.

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GAAP: A Comprehensive Guide

Remote Quality Bookkeeping

If a company does make any changes to its accounting method, a clear record of that change is publicly available. Accountants are responsible for creating accurate financial records and reports that provide an honest picture of a company’s financial situation.

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What Is a Chart of Accounts, And Why Does it Matter?

Remote Quality Bookkeeping

It is a list of all the accounts used in a business’s general ledger in one place. Think of it as a helpful index that provides you with all the company’s financial activity details. Companies use their chart of accounts (COA) to organize financial records and show shareholders how the business brings in and spends money.