Bank Reconciliation

Bookkeeping for Startups: A Beginner’s Guide

Startup business owners can be a lot of things — an accountant, an attorney, a designer, a chef, a baker, or a skilled woodworker. What …

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What Does Reconciliation Mean in Accounting?

Account reconciliation is the process of comparing internal financial records against monthly statements from external sources—such as a bank, credit card company, or other financial …

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14 reasons why bookkeeping is important to business?

Here, you will get to actually understand what is bookkeeping in accounting. What bookkeeping means is the recording of financial transactions, and is part of …

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What Are the Steps in a Standard Monthly Accounting Closing Cycle?

The accounting process can differ slightly from one business to another based on variances in the chart of accounts, revenue and expense recognition, and cost …

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Financial Statements

A Beginner’s Guide to the 4 Financial Statements

Financial statements are reports issued by companies in order to convey information about their financial health and recent results. These statements are intended to convey …

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