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Welcome to another episode, where we simplify accounting concepts for small business owners, charities, start-ups, and anyone looking to gain a better understanding of their financials. In today’s episode, Moragh walks us through the key accounts every business owner should be reviewing regularly. From cash in the bank and accounts receivable to stock levels, accounts payable, and loan tracking, she covers the most crucial areas that impact your business's cash flow and financial health. Moragh also touches on the importance of managing payroll expenses, office costs, and owner's equity, ensuring you stay on top of everything that keeps your business running smoothly. Tune in to learn how to stay in control of your accounts and improve your financial management!

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Welcome to this episode of our podcast, where we dive into the essential but often overlooked process of bank reconciliation. Whether you’re a small business owner, an accountant, or simply looking to understand more about financial management, this episode is for you. Bank reconciliation is a crucial step in ensuring that your financial records match the actual transactions in your bank account, helping you avoid errors, detect fraud, and maintain accurate financial statements. Join us as we break down the steps involved, share best practices, and offer tips to make the process easier and more efficient. Tune in and take control of your finances with confidence!

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Explaining the main processes involved in the Bookkeeping Process.