The accounting cycle tracks a transaction until it's added to your company's financial statement. Follow this eight-step process to organize the data.

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Evan Tarver has 6+ years of experience in financial analysis and 5+ years as an author, editor, and copywriter. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert.

Any business that provides a service or sells products has an accounting cycle. Accounting is how a business tracks its finances. Although service companies and merchandising companies offer vastly ...

Discover the audit cycle process, from identification to management review, and learn how it ensures accurate financial ...

A standard of efficient business accounting is maintaining detailed records on accounts receivable. One part of the accounting process is the revenue cycle, an important group of business activities ...