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✅ Month-End Close Checklist Closing the books at the end of the month is crucial for accurate financial reporting and decision-making. Here’s a quick guide to ensure nothing gets missed: 🔹 Bank Reconciliation – Match bank statements with your records. 🔹 Journal Entries – Record accruals, deferrals & depreciation. 🔹 Accounts Receivable & Payable – Reconcile and confirm balances. 🔹 Payroll – Review deductions & accuracy. 🔹 Fixed Assets – Update asset registers. 🔹 Inventory – Verify and adjust...
a diagram showing the different types of credit and debit vs credit accounts, which are

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Debit vs Credit in Accounting http://www.svtuition.org/2014/06/debit-vs-credit-in-accounting.html
Understanding Business Financial Formulas, Accounting Receivables Study Guide, Accounting Self-pac Educational Material, Accounting Basics Cheat Sheets, Accounts Payable Cheat Sheets, Financial Accounting Cheat Sheet, Accounting Cheat Sheet, Accounts Receivable Cheat Sheets, Financial Accounting Notes

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#internationaltrade #exportimportbusiness #globallogistics… | Sagar Agravat | 14 comments
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IBN Technologies simplifies the bank reconciliation process with a step-by-step guide. Our approach ensures accuracy by matching transactions, identifying discrepancies, and resolving issues quickly. Streamline your financial management and keep your accounts balanced effortlessly.
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a diagram showing how financials are connected to each other, including cash flows and balance sheets

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Your P&L looks great — until your cash flow slaps you in the face. So here’s finance, explained end-to-end. No jargon. No fluff. Just the connections that actually matter between your Balance Sheet, P&L, and Cash Flow Statement all in one place. This diagram shows how the P&L, Balance Sheet, and Cash Flow Statement are all connected. But if the terms feel like a different language, here’s a simple breakdown: Balance Sheet This shows what your company owns and owes at a specific point in...
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Balance Sheet ratios every investor should know: