Category: Bookkeeping
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Accounts Payable Reconciliation: Process, Examples, and Best Practices
Continuous accounting is the ongoing process of updating a business’s general ledger with reconciled bank statement transactions as soon as they become available. Reconcile general ledger accounts to sub-ledgers or create a schedule of underlying transactions and list discrepancies by item (which may require recording or journal entry adjustments). The reconciliation spreadsheet should be carried…
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Weirdest Tax Rules from Around the World
Rome’s strict laws against animal cruelty include the walking of pet dogs. But don’t even think about trying to enjoy this childhood pastime anywhere else. In Australia’s southeastern tip of Victoria, home to Melbourne, it is illegal to fly a kite in a public space if it bothers another person. As the couple “outwardly present…
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Top 5 Real Estate Bookkeeping Services Companies in the USA
Budget considerations are crucial for any real estate professional, especially when juggling multiple properties or deals. That’s why we offer our bookkeeping services starting at just $350 per month. This affordable package covers essential tasks like monthly reconciliations, financial statement preparation, and ongoing consultation. Real Estate Bookkeeping Services Enhance Your Property Management with Exact Ledgers…
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The Best Accounting Software For Real Estate Investors
In addition, manually consolidating data (which involves downloading a CSV file from each account and compiling the information into a single spreadsheet) is time-consuming and exposes the data to manual error. Given that Netsuite has been around for some time, there are a host of add-ons that you can use to customize the solution to…