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Category: Bookkeeping

Deposit Slip What is a Deposit Slip? Definition, Types, Uses

December 25, 2024Bookkeeping

The bank teller will enter the amount of the deposit in the bank system, and then cross-check his or her totals against what you have stated on the deposit slip. As such, the slip acts as a control for the […]

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The Ultimate Guide to Nonprofit Budgets + 3 FREE Templates

November 28, 2024Bookkeeping

To learn more about annual business budget templates, that can be used across different organizations, see Free Annual Business Budget Templates. Discover 23 impactful donation drive ideas that unite communities, support nonprofits, and spark real change—whether you’re an individual or […]

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Going Concern Overview, Conditions, Red Flags

November 26, 2024Bookkeeping

A going concern is a company that is financially stable and, at the very least, is likely to survive for the next 12 months. A company in poor shape that is not seen as a going concern may not last […]

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Choosing Your Accounting Path: Weighing the Benefits and Drawbacks of Public vs Private Accounting

August 6, 2024Bookkeeping

While both receive promising compensation, public accountants are prone to make more. Payscale reports that, on average, public accountants make $76,165, with salaries ranging from $54,000 to $123,000 depending on experience, location, and industry influences. On the other hand, private […]

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Nonprofit & Education Accounting, Consulting and Tax

June 3, 2022Bookkeeping

Nonprofit accounting focuses on tracking donations, grants, and other funding sources while ensuring compliance with tax-exempt regulations. For-profit accounting, in contrast, focuses on maximizing profits for owners or shareholders. Contact us today to schedule a free consultation and start getting […]

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