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Keeping Track of Revenue

As an accounting major in college, I quickly learned all of the complicated parts of the accounting cycle. I discovered how to input the details of business transactions into a computerized accounting system. At the end of an accounting cycle, such as a month, I became experienced with calculating the revenue for the period. If you’re starting a new business, determining an accurate amount of revenue for each accounting cycle is crucial. You must know how much profit you’re making each accounting period in order to be successful in the long-term. On this blog, you will discover how an experienced accountant can help you keep track of your revenue.

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Keeping Track of Revenue

2021

How Is A Small Business Loan Handled In Your Books?
Small business loans are a vital part of getting your new business up and running and making sure it can grow as much as possible. This means, though, that you must understand how to handle the accounting aspects of the loan to ensure it's paid on time, stated accurately on your financial statements, and doesn't drag on your budget. Here's what you need to know to accomplish this.  How Is the Loan Recorded on Your Books?