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November 23, 2021

Charles Lutwidge
The difference between bookkeeper and accountant

The difference between bookkeeper and accountant

Each enterprise has a department for collecting information about its assets and debts to third parties. It is engaged in the preparation of documented and systematized financial information. With the help of such information, the management makes verified decisions. The efficiency..

Articles

November 22, 2021

Charles Lutwidge
How to make a balance sheet

How to make a balance sheet

The main task of bookkeeping is to provide useful and accurate financial information for its users through accounting reports. Each financial report performs its specific function, but together they create a system of indicators formed based on the concept of preserving..

Articles

November 19, 2021

Charles Lutwidge
How to Write a Receipt

How to Write a Receipt

A receipt is typically issued by a business or private individual as a confirmation that the seller received the payment. In a typical scenario, your receipt is generated by a special system and either printed or provided to the customer in..

Articles

November 18, 2021

Charles Lutwidge
Business Tax Preparation

Business Tax Preparation

Taxes are a necessary aspect of your company. If you are a business owner, you need to pay taxes on the income your business generates for you. Your accounting records and other paperwork might not be in perfect shape, but the..

Articles

November 17, 2021

Charles Lutwidge
Research and Development Tax Credit

Research and Development Tax Credit

Taxes do not bring much joy neither to individuals nor the businesses who have to pay them. But what if you could pay less? This would definitely put a smile on everyone’s face. If you have done taxes at least once..

Articles

November 16, 2021

Charles Lutwidge
How to become a bookkeeper

How to become a bookkeeper

No organization can afford to operate without bookkeeping. If you do not try to control the funds, if you do not stay up to date on all the financial activities in the company, in the near future it is possible to..

Articles

November 15, 2021

Charles Lutwidge
Schedule C: Profit or Loss From Business

Schedule C: Profit or Loss From Business

Are you a YouTuber, blogger, social media influencer, Etsy seller, or something along those lines? If yes, then this article is written for you. If you are a new business owner or if you are new to self-employment, you might be..

Articles

November 10, 2021

Charles Lutwidge
What is the Profit and Loss Statement (P&L)

What is the Profit and Loss Statement (P&L)

The Profit and loss statement shows how much a business is making and whether it is making any money at all. It is the main document of the business, reflecting its efficiency and effectiveness. It is from this report that analysts..

Articles

November 09, 2021

Charles Lutwidge
How to Make an Invoice

How to Make an Invoice

An invoice, simply put, is a document issued by the seller (business) and delivered to the buyer (customer). The document is used to request payment from the buyer of the goods or for the provision of some type of service. It..

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