LatestBookkeeping·Michael Pote
Vendor Rebate Accounting: Revenue or Expense Reduction?
Vendor rebates usually reduce inventory cost or cost of goods sold. Here is how to classify them without distorting revenue or gross margin.
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Practical insights on business finance, tax strategy, and building a more profitable business.
Bookkeeping·Michael Pote
What to Look for When Hiring an Accounting Firm
Your current accountant takes two weeks to tell you last month's numbers.
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Do I Need a Bookkeeper or an Accountant? Here's How to Decide
You're spending three hours every weekend trying to make sense of QuickBooks, your tax return took four months to complete, and you still can't tell if your business made money last quarter.
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Top Financial Mistakes Small Businesses Make (And How to Avoid Them)
Your bank statement shows $15,000. QuickBooks shows $18,000. Your accountant is asking questions you can't answer, and tax season feels like walking into an audit.
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Why Every Business Needs to Reexamine Their Accounting
The success of your business depends as much on your financial decisions as on your expertise in your field. Most owners don't realize how far behind their books actually are.
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