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Debits and Credits in Accounting: With Journal Entry Examples

Debits and Credits in Accounting: Guide with Journal Entry Examples

In accounting, debits and credits are the fundamental building blocks for recording financial transactions. They may appear challenging, but understanding debits and credits is critical for keeping correct financial records. This guide will break down what is debit and credit, explain how they apply to different account types, and provide examples to help you comprehend […]

Accounts Receivable Jobs: Guide on Skills, Roles, and Career Paths

Accounts Receivable Jobs: Guide on Skills, Roles, and Career Paths

Accounts receivable (AR) is a critical component of a company’s financial health, representing the outstanding invoices or money owed by customers for goods or services rendered. Efficient management of accounts receivable ensures a steady cash flow, crucial for maintaining and growing business operations.  An accounts receivable job, therefore, involves overseeing the process of billing, collection, […]

Shopify Bookkeeping 101: Detailed Guide

Shopify bookkeeping

Shopify Bookkeeping 101: Detailed Guide Are you running your business on Shopify and feeling unsure about how to perform bookkeeping? Explore our comprehensive, step-by-step guide covering all the essential information on Shopify bookkeeping. In this guide, we will cover Importance of bookkeeping Difference between bookkeeping and accounting Steps involved in performing Shopify bookkeeping Reports every […]

17hats vs. Honeybook: Comparison (2024 Update)

17hats Vs Honeybook

Simplifying operations with accounting software enhances overall business management efficiency cutting down manual errors and calculations, ensuring compliance and providing insightful data for better decision making. The right accounting software for your business optimises time management, boosts efficiency and productivity and even better- comes at an affordable price. 17hats and Honeybook are used by various […]

Inventory Valuation Report (Template included)

Inventory Valuation Report template blog

Inventory management is the heartbeat of every retail and wholesale business. To make informed decisions and stay financially sound, business owners need an accurate understanding of the value of their inventory. This is where an inventory valuation report comes into play. In this article, we’ll explore the intricacies of an inventory valuation report, why it’s […]

Inventory On Hand Report (Template included)

inventory on hand template

Inventory management is the heartbeat of every successful business. Knowing what’s on your shelves, when to reorder, and how to minimize overstock or stockouts can significantly impact your bottom line. To achieve this level of control, businesses rely on a powerful tool: the Inventory On Hand Report. In this guide, we’ll dive deep into the […]

ZipBooks vs Quickbooks 2023 Comparisons

ZipBooks vs Quickbooks

Monitoring your business health and gaining insightful data for business growth is made accessible with accounting software. Accounting software is a game changer for businesses increasing efficiency and accuracy, saving time, ensuring compliance and so much more. Several business owners use ZipBooks and QuickBooks for various purposes. In this blog post, we will discuss both […]

The 5 Best POS and Accounting Software [2023 Edition]

Best POS and Accounting software

As a retailer or wholesaler, having an efficient Point of Sale (POS) and accounting software is not just an advantage—they’re necessary. The right tools can streamline sales transactions, manage finances, and provide valuable insights into your business operations. Whether you’re a small business owner, an entrepreneur, or running a growing enterprise, choosing the right POS […]

ZipBooks vs Wave: Comparisons (2024 updated)

ZipBooks Vs Wave

When making purchasing decisions, striking the right balance between benefits and costs is crucial for businesses as this can either add to or reduce your bottom line. Using accounting software has numerous perks but, finding the software that satisfies your business needs at a price that works is crucial to business success. In this post, […]

10 ways to maximize sales during Black Friday and Cyber Monday

Black friday sales tips

Black Friday and Cyber Monday have become synonymous with a shopping frenzy, offering consumers discounts and deals on an unmatched scale at any other time of the year. Originating in the United States, Black Friday is the day after Thanksgiving, marking the unofficial beginning of the holiday shopping season. Cyber Monday follows shortly after, focused […]

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