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10 Best Free Accounting Software That You Need To Try!

Software • July 8, 2024

10 Best Free Accounting Software That You Need To Try!

Are you looking for the best free accounting software? Discover our 10 best free and open source accounting software!

Out With the Old and In With the New: Reversing Entries in Accounting

Definition • June 13, 2024

Out With the Old and In With the New: Reversing Entries in Accounting

Get rid of previous entries from previous periods with reversing entries. Click here to find out more!

GAAP vs IFRS: What are the Similarities and Differences?

Definition • June 13, 2024

GAAP vs IFRS: What are the Similarities and Differences?

You are thinking about tax seasons or looking for international investors and are inquisitive about the differences and similarities between the main accounting principles, then look no further.

Pro Forma Income Statement Template [Excel]: Useful Tool for Your Accounting Process

Template • June 5, 2024

Pro Forma Income Statement Template [Excel]: Useful Tool for Your Accounting Process

Are you looking for a pro forma income statement template Excel for your business? Discover the definition of the pro forma income statement, its purpose, how to create a pro forma statement and free pro forma income statement template Excel to download.

A Complete Guide to Depreciation of Fixed Assets

Tip • June 3, 2024

A Complete Guide to Depreciation of Fixed Assets

What is depreciation of fixed assets? Here is a complete guide on the different types of depreciation, and an example of how you can use it on your balance sheets.

Why are Adjusting Entries Necessary? A Simple, Yet Best Advice

Definition • May 21, 2024

Why are Adjusting Entries Necessary? A Simple, Yet Best Advice

Human errors occur in any job and any sector, but lucky for us there is always a solution. It comes in the form of adjusting entries. It is why you'll learn why adjusting entries are necessary.