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Thought Leadership from the Leaders in Virtual Accounting and Bookkeeping Services
5, April
2021

Cash Basis or Accrual Basis: Which should you implement?

Most business professionals understand cash basis and accrual basis accounting on a surface level. However, precious few people have a comprehensive understanding of what each of these accounting terms means and how they differ from one another. Furthermore, understanding these accounting methods is not enough in itself. What matters most is that you implement the optimal method for your unique business.

10, March
2021

Calculating your Indirect Cost Rate and Its Importance

Identifying, calculating, and managing the numerous costs incurred by a company is a tough task. Most of the.

cash-or-accrual-accounting-how-to-decide
26, June
2019

Cash or Accrual Accounting: How to Decide and What Happens if You Change Your Mind?

The accounting method you choose to use can determine how you show a profit in a given year. This directly affects.

23, April
2015

Budgeting Tips Utilizing KPIs

A corporate CEO can invest hundreds of hours into tweaking the yearly budget, but the vicissitudes of business can.

22, January
2015

3 Essential Metrics in Calculating Profit Margins

It's time to calculate your profit margins so you know which products to keep, which to dump, and which need major.

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