Remove Accounts Remove Accounts Payable Remove Small Business
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The 2023 Tax Deduction Cheat Sheet

Zenefits

According to the Tax Foundation, small businesses pay or remit more than 93% of all U.S. At the same time, small employers can count on a long list potential deductions to reduce the financial burden. Professional consultation fees, including working with lawyers, accountants, and business consultants, can all be deducted.

Insurance 105
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Filling The Gaps During A Recession

Chief Executive

If you’re in finance, you may start falling behind on accounts payable or other critical tasks. According to a 2020 survey by Quickbooks, 63% of small-business owners weren’t aware of the time it takes to process payroll. Additionally, 82% of business owners said they reviewed their calculations manually.

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How to Keep Inflation From Derailing Your Budget

Zenefits

With the rising inflation rate breaking all records, rising interest rates, supply chain disruption, the ongoing pandemic, and armed conflict in Europe, small businesses are caught between a rock and a hard place. it’s critical to take a solid and truthful inventory of your current accounting process and operations.

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Customizable invoice template for Google Docs

Monday Task Management

We’ll even share a custom invoice template available on monday.com and explain how to use it to streamline your accounting processes. This also means it’s easy to share invoices with accountants, business partners, and other team members. Each user just needs a Google account to access. Get the template.

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Customizable invoice template for Google Docs

Monday Task Management

We’ll even share a custom invoice template available on monday.com and explain how to use it to streamline your accounting processes. This also means it’s easy to share invoices with accountants, business partners, and other team members. Each user just needs a Google account to access. Get the template.

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A Refresher on Current Ratio

Harvard Business Review

One of the biggest fears of a small business owner is running out of cash. But large businesses in financial trouble face the same risk. To know whether a company is truly on the cusp of hitting a $0 balance in their accounts, you can’t simply look at the income statement.

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A Refresher on Debt-to-Equity Ratio

Harvard Business Review

If your small business owes $2,736 to debtors and has $2,457 in shareholder equity, the debt-to-equity ratio is: (Note that the ratio isn’t usually expressed as a percentage.). How individuals manage accounts payable, cash flow, accounts receivable, and inventory — all of this has an effect on either part of the equation.