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Category: Bookkeeping

What is Sage 50? A Complete Guide to This Powerful Accounting Software

The other Tipalti products besides AP automation software are mass payments, Multi-FX, FX Hedging,  Expenses, and Procurement. Tipalti also offers a corporate spending card, the Tipalti Card, which is issued to designated employees to control their spending not requiring a purchase order. The lowest level Sage software plan is Pro Accounting for only one user,...
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REsimpli: #1 AI-powered CRM for Real Estate Investors

That’s why real estate investors need a solution tailored to their business. AI bookkeeping software automates many manual tasks in real estate accounting, such as categorizing expenses, reconciling bank statements, and flagging unusual transactions. This saves landlords significant time, reduces human error, and provides more accurate, real-time financial data for better decision-making. Yardi is a...
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Understanding Trial Balance: Definition, Purpose, and Key Requirements

These entries, which account for accruals, prepayments, and depreciation, are absent in the trial balance. The main difference lies in the inclusion of adjusting entries in the adjusted trial balance. These adjustments account for items not yet recorded in the initial trial balance, such as accrued revenues and expenses, prepayments, and depreciation. Building upon the...
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Paperless Invoicing: Save Money, the World, & Your Business

However, some users note that the platform occasionally lags and loads slowly. Users comment that BILL is easy to use out of the box, making it a In-House Accounting vs. Outsourcing great choice for businesses looking for a solution they can quickly get started with. However, some users note occasional technical issues like syncing problems....
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Top 10 Best Real Estate Brokerage Accounting Software of 2026

Users can create and send invoices and estimates on the go, attaching necessary documents such as plans and contracts. This feature allows instant notifications when invoices are viewed or paid, making it easier to stay on top of receivables. QuickBooks online also facilitates quick payment processing — accepting various payment methods, which help users get...
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Outsourced Accounting & Bookkeeping Services in Waterford

Outsourced payroll providers invest heavily in cybersecurity infrastructure, encryption mechanisms, and access controls to protect client data. Many providers hold international certifications in data security and compliance standards. In 2025 alone, updated provisions related to employee benefits, termination compensation, and end of service awards were introduced, requiring substantial adjustments in payroll processes. Firms that manage...
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How do I handle lease termination agreements under ASC 842?

When the termination results from a lessee’s default, the effective date is the day the lessor legally obtains physical possession and control of the underlying asset. The date of control transfer dictates when the lessor must execute the derecognition entries and finalize the termination calculation. Check out our comprehensive IFRS 16 guide to learn more...
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Bookkeeping basics: A guide for small businesses

If you skip this step, small errors can add up and lead to inaccurate financials. One of the most important aspects of financial transactions is recording them accurately. This involves keeping track of all the money that comes in and out of a business. Look for a business checking account with low fees, online banking,...
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What kind of records should I keep Internal Revenue Service

Managing your real estate business involves diversification across several positions. Learn how a 3PL company improved efficiency by partnering with Invensis and minimizing errors in AP and AR invoice processing. We handle the bookkeeping for you but sometimes we’ll need your input, especially at year-end. On average, expect to spend 15 minutes each month answering...
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Certified Bookkeeper CB Hourly Rate

Unsurprisingly, the BLS identifies accounting, tax prep, bookkeeping, and payroll services as the industry that employs the most bookkeepers. Some industry experts believe that not enough bookkeepers are emerging to fill available job openings, indicating opportunities for professionals with the right skills. Credentials like the CB and CPB certifications may also help bookkeepers develop the...
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