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How to calculate the cost of debt: Formula & guide
The loans and debt you take on to get that cash come with interest rates. If you don’t keep track of your cost of debt, those expenses can get out of control. You’ll be blind to the true cost of your financing, and you might take out another loan you can’t afford. How Taxes Affect …
Best bookkeeping software for small businesses
To track your expenses and income, make it a habit to record every transaction, no matter how small. Automate reminders for accounts receivable and ensure you pay your vendors on time to maintain trust. Whether you use an accountant or bookkeeper to manage your finances, or handle them yourself, accounting software is a great tool …