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Bookkeeping vs. Accounting: What’s the Difference?

inDinero

You might wonder how bookkeeping vs. accounting differs when managing a business’s accounting. Bookkeepers are chiefly responsible for accurately recording and organizing transactions, while accountants add value by synthesizing that information into actionable insights and financial projections.

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What Is Payroll Tax? A Breakdown for Business Owners

inDinero

If you’d like a professional pair of hands, indinero’s corporate payroll services are here to help. How to Do Payroll Yourself Benefits of Outsourcing Payroll Conclusion Want to familiarize yourself with essential accounting terms and concepts for business owners? Download our accounting alphabet for entrepreneurs.

Payroll 52
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What Is Bank Reconciliation? A Brief Guide for Business Owners

inDinero

May 31, Internal Cash Account) Acme Inc. Conclusion For affordable help with this and other bookkeeping tasks, contact indinero’s bank reconciliation services team. That’s why entrepreneurs hire online bookkeepers for help. Use accounting software, rather than spreadsheets, to track and automate processes.

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How to Keep Track of Business Expenses: Setting Up a System to Save Time at Tax Season

inDinero

Additionally, using an automated bookkeeping solution makes filing taxes at the end of the year considerably less time-consuming. It’s a key prerequisite to using time-saving accounting software effectively and comes with the added benefit of preserving the liability protection afforded to an LLC.

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What Is Excise Tax? All You Need to Know for Tax Season

inDinero

Although entrepreneurs prefer to focus on generating revenue, excise tax is one of the many details business owners must understand to run a successful operation. We’ll handle accounting and bookkeeping details so you can focus on what you do best. These accounted for 93% of total excise tax receipts in 2019.

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What Is Financial Modeling?

inDinero

Like many accounting and investment tools, the amount of math involved in financial modeling can seem daunting. At the core, the concept is simple: financial models incorporate historical data, present cash flow and balance sheet positions, and a series of future-based assumptions to project an organization’s performance into the future.

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How Outsourced Accounting Can Help Small Businesses Improve Financial Controls

Paysquare

Small business entrepreneurs are always short on time because they are responsible for almost everything – marketing, sales, promotion, hiring, and more. Accounting is essential for running a business smoothly. Accounts and bookkeeping are something that cannot be taken for granted.