Bookkeeping

Xero Accounting: Cloud-Based Financial Solutions for Agile Startups

In this review, we will look at the best accounting software for startups and Main Advantages of Accounting Services for Startups small businesses. Whether you’re just starting out or have been operating for a couple of years, read on to find the best accounting solution for your company’s unique needs and budget. Xero’s Brex integration […]

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Xero Review and Pricing Plans in 2025

Xero offers close to 600 integrations with leading accounting tools, reporting platforms, bills and expense software such as Hubdoc and payment platforms such as Stripe. QuickBooks offers over 750 integrations, including platforms such as Dext, BILL, Expensify, Mailchimp and PayPal. While Xero has a lot going for it, pricing increases, a lack of built-in payroll,

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What a Negative Retained Earnings Balance Sheet Means

Revenue, sometimes referred to as gross sales, affects retained earnings since any increases in revenue through sales and investments boost profits or net income. Retained earnings are reported under the shareholder equity section of the balance sheet while the statement of retained earnings outlines the changes in RE during the period. Retained earnings are the portion of a company’s net income that management

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Current Portion of Long Term Debt: Short Term Obligations: How Current Portion of Long Term Debt Affects Net Debt

In short, the working capital peg is the minimum baseline amount of working capital required in order for a business to continue operating per usual post-closing of the transaction, agreed upon by the buyer and seller in an M&A transaction. The three sections of a cash flow statement under the indirect method are as follows. The

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Liabilities: Drawing Accounts and Liabilities: Understanding the Connection

It’s a fun, low-pressure way to practice realism, blending, and color confidence while creating a drawing that you can be really proud of! This cake drawing is part of a 3-hour real-time bonus lesson in my online course Color Theory Made Fun! You can also watch a video to see how this colored pencil artwork

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