Retailers and wholesalers should choose Plus so that they can track the quantity on hand and the cost of inventory. Contractors should also select Plus to track the profitability of individual projects. Other businesses should consider whether tracking P&L by class and location is worth the extra $30 per month. Whether you use QuickBooks Payments …
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The transactions of contra revenue account are mostly recorded in one or more accounts. On contrary, the balance of a normal sales account is usually a credit. Contra accounts play an important role in accounting by helping businesses track certain aspects of their finances more accurately. For example, contra revenue accounts can be used to …
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