Bookkeeping

News and stories from the team at TripTip

QuickBooks Desktop, Compare QuickBooks Desktop to Online

QuickBooks Premier is suitable for small to medium businesses with five or fewer users. On the other hand, QuickBooks Enterprise is designed for larger businesses that want access to [...]

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Small Business General Ledger Accounts, Examples, & More

A general ledger is one of the important records in the system of accounting as it record various transactions under separate account heads. These include sales accounts, purchases accounts, [...]

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13 bookkeeping tips every small business can benefit from

Unless you’re using a bookkeeping service to alert you when a problem arises, you’ll need to track your income and revenue closely. This can be challenging with the other [...]

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Accounting and Financial Franchise Opportunities

The benefits of owning a franchise can be numerous vs. independent operation. Here are a few of debits and credits explained the top benefits for those who decide to [...]

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How Much Does a CPA Cost: A Clear Guide for Businesses

As you can see from the above examples, the CPA rates per hour vary depending on seniority within the company as well as the size of the firm itself. [...]

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Direct Method: Complexities of Cash Flow Method of Accounting

The cash flow statement indirect method is one way to present a company’s total cash flow. In this method, you begin with the net income and adjust it to [...]

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Bookkeeping for Construction Companies: An Essential Guide

For those who love hard work, spending time outside, and being your own boss, starting a landscaping business may be a great fit. Whether you’re an owner of a [...]

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3 Best Accounting Firms in Lincoln, NE Expert Recommendations

Our firm’s reputation reflects the high standards we demand of ourselves. Effective January 1, 2024, new reporting rules are Bookkeeping Services in Lincoln in place under the Corporate Transparency [...]

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Online Accounting Software for Your Small Business

Make Xero your own by connecting other apps to the Xero accounting software. Access Xero features for 30 days, then decide which plan best suits your business. Use Xero [...]

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What Is the Sunk Cost Fallacy? Definition & Examples

Content Understanding the importance of the cost of sales formula Average Cost and Cost Minizimation How to Grow Your Business Organically What to include in your cost of sales [...]

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