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What are Cloud Accounting Systems?
Cloud computing, as a concept, was around as early as the 1950s. It all started when corporations and learning institutes started experimenting on using their large-scale mainframe computers to support access from multiple terminals at the same time. The mainframe...
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How Often Do You Need to Update Your Accounting Records
The Australian Taxation Office, requires all business to keep their accounting records for at least five years. All records should be in accordance with Generally Accepted Accounting Principles (GAAP) and Australian Accounting Standards. Records that you should have...
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Why organisations need to prepare a budget
4 reasons why an organisation needs to prepare a budget Do you think an organisation can function without a budget? An organisation that does not have a budget is certain to fail. A budget is an essential tool that every organisation needs to have if it is to survive...
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What are the daily tasks of a Bookkeeper/Accountant?
A bookkeeper/accountant is the primary source of everything related to the company’s day to day transactions involving financial matters. Your bookkeeper’s needs strong accounting skills and attention to detail is of utmost importance. The amount of work depends on...
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Benefits of Outsourced Bookkeeping Service
You may think that you can’t afford to hire a bookkeeper from an accounting firm. However, the advantages have significant benefits to your organization, and you will save $$$$. Focus on the advantages and savings you will receive from an Outsourced Bookkeeping Firm...
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4 Tips for Choosing the Best Payroll Accounting Services
As business owners, there are important administrative tasks that you need to go over each time. This hinders you to focus on a much more vital process of your business which is attaining customer satisfaction and developing your business core. Such tasks include...
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