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While SMB accountancy tasks seem burdensome, you could discover they're more doable than they first appear.By dividing your accounting chores into smaller pieces and developing a schedule of activities to perform, you should be able to be on top of your bookkeeping responsibilities.Small-to-mid size business (SMB) accounting can get confusing at ti...

  As a business owner, the income statement and balance sheet are both vital business documents. However, they are not one and the same, although a good income statement usually translates to a good balance sheet. In some cases, a business may have a great income statement but not a good balance sheet. Sadly, many business owners mi...

One dilemma that many self-employed individuals face is the burden of proof of income, especially when applying for loans or claiming benefits, and even paying taxes. This is where a self-employment ledger comes into play. This article would help you understand self-employment ledgers and their use for your business. What is a Self-Employment Led...

If you own a business or are just about to start one, you may have probably realized rather quickly that there are tons of details to consider. Most small business owners do not have a background in accounting, making it overwhelming for them. However, they still have to learn its ins and outs if they want to succeed in their business.   Whi...