Tag: Journal
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Accounting Basics for Small Businesses
Managing finances can be daunting and time consuming but don’t let yourself be overwhelmed by the numbers. Small business owners struggle with this on a daily basis but if you make sure to set aside time to do some of these accounting basics, you’re well on your way to lightening the load on your reports. […]
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Uses of QuickBooks for Small Business
QuickBooks is an accounting software that helps small businesses manage their income and expenses. Small businesses use it to create invoices, reports, journal entries, and to check the company’s financial status. Intuit offers QuickBooks for small business owners and startups. This can benefit a multitude of people—from entrepreneurs to medium-sized enterprises—looking for better financial automation. […]
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QuickBooks Online: Journal Entry
Simply put, a Journal Entry is a record of all accounting transactions made by the company and entered in a General Ledger. QuickBooks Online takes in these transactions automatically and inputs the collected data into the general ledger for them to be prepared into reports. Transactions like bills, checks, invoice, etc. will be posted as […]