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Xero vs Sage 50: What’s better for my business?

Xero vs Sage 50: What’s better for my business? Their online software, MYOB Essentials, makes it easy for business people to focus on their core business and not waste time navigating a system designed just for accountants. A good example of that is how the software avoids the use of technical terms such as debtors and creditors, and uses plain English terms such as “Money in” and “Money out". Lifehacker's Small Business Tax Guide is brought to you by AGL — ... Read more

Book keeping Degree Programs Online

Book keeping Degree Programs Online This is one reason that the question "Is bookkeeping hard?" is more nuanced than it might appear. Ben is a great teacher and he knows how to break down the content so that anyone can learn it. Knowledge of bookkeeping principles Courses include Introduction to Financial and Managerial Accounting, Management Accounting and Control, to name a few. Resources range from lecture notes and assignments to solutions and examinations. It provides access to some QuickBooks resources designed to help you ... Read more

How easy is it to learn Quickbooks?

How easy is it to learn Quickbooks? While you absolutely could handle your bookkeeping business as a sole proprietorship, protecting yourself by becoming an LLC can keep you from being personally liable should your business be sued. If you have a flexible schedule, being able to attend a physical class has many benefits. You may choose to specialize in cost accounting, which focuses on determining and allocating the cost of products, or taxation, which will require special classes in taxation. There are other ... Read more

5 Accounting Principles

5 Accounting Principles Subsequently, under the newly introduced Sarbanes-Oxley Act, accountants now face harsher restrictions on their consulting engagements. Yet ironically, since Enron and the financial crisis in 2008, accountants have been Accounts Receivable Process greatly in demand, as corporate regulations have increased and more expertise is required to fulfil reporting requirements. Basically, accountants keep track of an organization’s money, and auditors check their work. While public companies in the United States are currently required to follow GAAP standards when filing financial statements, ... Read more
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