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‘Bookkeeping’

Yield to Maturity vs Coupon Rate: What’s the Difference?

A callable bond is sold with the proviso that the issuer might pay it off before it reaches maturity. If interest rates fall, the company or municipality that issued the…

How To Use Quickbooks For Personal Finance: 7 Reasons I Love It

Both QuickBooks and Quicken have unique feature sets designed for different uses. You can use the Direct Connect Option by enrolling for the Direct Connect service which will allow you…

What is Cloud Accounting? Definitions, Strategies & Glossary

You can also give your accountant access to the software, so they can access your numbers anytime they need to. With an online accounting program, you also have control over…

In Accounting, Why Do We Debit Expenses and Credit Revenues?

The formula is used to create the financial statements, and the formula must stay in balance. Getting your business’s accounting system in place is one of the most important things…

Advantages and disadvantages of commitment basis accounting

These are just a few of the HR functions accounting firms must provide to stay competitive in the talent game. Many governments say they are introducing IPSAS because it is…