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If the hours you spend working with your accounting software could be better spent elsewhere and you’re already using the software as efficiently as possible, it might be time to hire an online bookkeeping service. Ultimately, it can benefit your business by freeing up your time and ensuring your books are up to date. This …
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Otherwise, shareholders would be able to take out a large loan and distribute out all of the RE and current year profits every year. The statement of retained earnings is a financial statement entirely devoted to calculating your retained earnings. Like the retained earnings formula, the statement of retained earnings lists beginning retained earnings, net …
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xcritical also boasts a high-quality custom reporting feature that enables customers to quickly access pertinent data and answer pressing questions about the state of their business. The tool closely resembles spreadsheet software most small-business owners are already familiar with — it just adds features that make the reports easier to generate, review and share. Users …
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