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All You Need to Know About Progress Billing

Progress Billing is considered to be one of the most frequently used invoicing methods for long-term contracts. Normally speaking, while making contracts there are always some upfront payments involved, somewhere around 50% of the total project, and the rest paid after its completion. To pay an amount this substantial before the work is yet to […]

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List of Accounting Outsourcing Companies

When it comes to running a business, Small and Medium Enterprises (SMEs) have to deal with a number of activities such as executing their core functions, dealing with clients, managing accounts, etc. However, all these can get taxing on the business operations in the long run. To help such businesses manage their routine workload, accounts […]

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How Much Should You Be Paying for Accounting Each Month?

The process of accounting forms the thrust of every business functioning and is perhaps considered one of the most important finance-related administrative work that a management undertakes. Talking specifically about small and medium businesses, the accounting needs for such businesses vary greatly. For instance, a small business that has just started its operations may only […]

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Pros and Cons of Outsourcing Accounting

According to recent statistics, 37% of businesses spend more than USD 5,000 for the administration of finances and 33% of these firms devote more than 81 hours on finances every year. Whether you run a real estate business, textile firm, a digital marketing agency or any other industry, every small business needs to manage its […]

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Section 8 – Affordable Housing for Low-Income Household

Section 8 or Housing Choice Vouchers Program arranges for affordable housing for low-income citizens of the U.S., including the disabled and the elderly. The assistance comes in the form of subsidized monthly rental fee in any apartment located in the United States. It is a primary program of the Federal Government. The residences are privately […]

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Key Real Estate Financial Ratios

Though quite lucrative, real estate investments require prior planning and a thorough understanding of the real estate financial ratios. The ratios are used to analyze investments and determine their rate of return, cash flow, and profitability. Key Ratios to Evaluate Real Estate Investments are: 1. Market Value Current market standards determine market value. As such, […]

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AppFolio Property Management Software Review

There are a number of property accounting software available in the market each with their own merits and demerits. Among all, we found that AppFolio Property Manager definitely has an edge when it comes to the following: – Functionality The AppFolio Property Manager is mobile friendly and enables to function freely on work orders and […]

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Integrating Multifamily Accounting to Cope with the Projected Growth

In recent years, multiple apartments have been built, holding millions of residents. As a result, there has been a marked escalation in the growth of units. The current growth of portfolios are already impacting the accounting systems, and the future will certainly have an even greater effect. By 2030, the demand for residential apartments could exceed […]

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Making the Most of your Maintenance Team

Property management maintenance involves ensuring proper functionality of the equipment fitted across the property so as to be useful to the end-user for a longer period of time. The responsibility for this is delegated to the maintenance team. The maintenance team should follow certain ethics or conduct so as to prove useful for the residents. […]

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Top Accounting Challenges Small Businesses Face

Being a small business owner isn’t easy. You have to manage everything on your own. From marketing to customer relationship and things such as accounting, management etc. A business depends a lot on its finances, and you can’t manage finances successfully before first managing the accounts efficiently. Primarily, accounting consists of recording, summarizing, analyzing and […]

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