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Steingard Insights
Practical financial education for owners responsible for running the business.
Three years of articles on bookkeeping, payroll, taxes, cash flow, and financial reporting — browse the latest below or jump into a topic from the Insights menu.
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Accounts payable vs accounts receivable: A quick guide to improving cash flow
At its core, the difference between accounts payable and accounts receivable is pretty simple. Accounts payable (AP) is the money your business…
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Small Business Bookkeeping A Guide for Service Businesses
Trying to run your business without proper small business bookkeeping is a bit like driving your car with a blanket thrown over…
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The Best Payroll Software For Small Business A Complete Guide
When you’re trying to find the best payroll software for small business, the conversation almost always narrows down to two major players:…
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Your Ultimate 10-Point Employee Benefits Compliance Checklist for 2026
Navigating the labyrinth of employee benefits regulations, from the Affordable Care Act (ACA) to the Employee Retirement Income Security Act (ERISA) and…
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What are the basic accounting equation: Guide to assets, liabilities, and equity
At its core, the basic accounting equation is Assets = Liabilities + Equity. This simple but powerful formula is the absolute foundation…
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Mastering examples of adjusting entries: 8 Essential Journal Practices
Imagine trying to gauge your business’s health by only looking at your bank account. You’d miss unpaid client invoices, future expenses you’ve…
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Record Keeping for Small Business: A Practical Guide to Organized Finances
At its core, record keeping for a small business is the simple, systematic practice of tracking all your financial transactions. It’s the…
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Guide: Difference Between Invoice and Receipt Every Business Must Know
The fundamental difference between an invoice and a receipt really boils down to timing. An invoice is a request for payment that…
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A Practical Guide to Budgeting and Forecasting for Service Businesses
For any service business, budgeting and forecasting aren’t just tedious financial chores; they’re the absolute foundation of your strategic roadmap. A budget…
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Your Guide to Flawless Cash Flow Calculation
Calculating your cash flow isn’t just a bookkeeping task; it’s about getting a real-time health check on your business. It shows you…
