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Accounting & Bookkeeping

5 Most Important New Year Resolutions for Small and Medium Businesses

Finally, the year 2022 has come to an end. It goes without saying that the last year was a roller coaster ride especially for small and medium businesses due to the impact of inflation and Great Resignation. Now is the right time for focusing on new goals, opportunities, and possibilities. Also, you have to retrospect […]

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Tax Preparation

Why Outsourcing is the Best Solution to Counter Tax Season Burnout?

Countdown to Christmas has already begun. It’s that time of the year, which is meant to be more relaxing, enjoyable, and full of pleasant surprises, but where does the other strange feeling come from?   Aaahhh, yes! Tax season 2023 is approaching.   Peak season pressure of meeting strict deadlines isn’t new for accounting firms. No one […]

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Restaurant

Steps to Efficient Restaurant Accounting

Running the day-to-day operations of a restaurant is already a hectic job, but when you sit down to crunch numbers, things can start to feel very overwhelming. Restaurant accounting is critical to a successful business, but is often overlooked (or avoided) due to the difficulty in tracking and interpreting all those numbers. Fortunately, there are […]

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Restaurant

How Restaurant Accounting is Unique?

Many people think that accounting is just accounting, but it can differ a bit from industry to industry. Restaurant accounting uses many of the same methods that are used in other types of businesses, but there are some nuances. Let’s take a look. Accounting Methods In the restaurant industry, you can use either the cash […]