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‘Bookkeeping’

Payroll Outsourcing: What You Need To Know

Companies that process their payroll in-house can also do this, but only through the services of a third party that handles direct deposit. The PEO will manage payroll and other…

What is Average Collection Period? Formula & Interpretation

To provide value, the average receivable days need to be compared to other companies within the same industry. On the other hand, a higher average collection period could suggest that…

Ledger Account Definition, Format, Types, and Example Download

A ledger account is a record of all transactions affecting a particular account within the general ledger. QuickBooks’ intuitive accounting software helps provide a comprehensive audit trail. If you’re ever…

Solved: How do I charge customers credit card processing fee on an invoice?

In this guide, we’ll break down QuickBooks Online pricing, including plans, key features, and alternative platform costs so you can decide which option is best for you. Full-Service Bookkeeping doesn’t…

Last In, First Out LIFO: The Inventory Cost Method Explained

All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly. Go a level deeper with us and investigate the potential impacts of…