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170 Search Results

170 Search Results

What Are Business Audits? How Can You Prepare for Them?

What Are Business Audits? How Can You Prepare for Them?

https://www.sofi.com/learn/content/small-business-audit/

…•  Books and records Whether all you have is a checkbook and cash register tapes or you maintain balance sheets, ledgers, and journals, the auditor will likely want to see your…


Advantages and Disadvantages of GAAP vs Tax-Basis Accounting

Advantages and Disadvantages of GAAP vs Tax-Basis Accounting

https://www.sofi.com/learn/content/tax-basis-vs-gaap/

…accounting are ways to record the financial transactions of a business. Both provide a standardized presentation of a business’s financial performance and positioning, such as income statements and balance sheets,…


Debt Buyers vs Debt Collectors

Debt Buyers vs Debt Collectors

https://www.sofi.com/learn/content/debt-buyer-vs-debt-collector/

…come across either a debt buyer or a debt collector. Both of these services are used by lenders, like banks, to move debts off of their liability balance sheets. While…


Accounts Payable (AP) - Definition & Examples

Accounts Payable (AP) – Definition & Examples

https://www.sofi.com/learn/content/what-is-accounts-payable/

…Recommended: Small Business Balance Sheets with Examples How Accounts Payable Works When a business purchases goods or services from a supplier on credit, also known as trade credit, payment isn’t…


Top Small Business Grants in California

Top Small Business Grants in California

https://www.sofi.com/learn/content/california-small-business-grants/

…projections. •  Financial Statements: Recent balance sheets, income statements, and cash flow statements to demonstrate the financial health of your business. •  Tax Returns: Personal and business tax returns from the past…


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